SAURASHCEM2026-08-25SAURASHCEM2026-08-25in-capmkt:AtTheTimeOfBecomingPartyToLitigationOrAssessmentOrAdjudicationOrArbitrationOrDisputeMemberSAURASHCEM2026-08-25OppositePartyAsPerSubPara8OfParaBDomain1SAURASHCEMSaurashtra Cement Limited502175NOTLISTEDINE626A01014Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)At the time of becoming the party to any litigation, assessment, adjudication, arbitration or disputeNewfalse2026-08-2518:16:002026-08-25Office of the Assistant Commissioner of State Tax2026-08-24TribunalOffice of the Assistant Commissioner of State TaxCompanyUnit-87, B/H Mamlatdar Office, Rajendra Bhuvan Road Veraval. Gir Somnath-362265On 24th August 2026, a show cause notice under Section 74 of Central Goods Services Tax Act (“CGST”) Act 2017 and the Gujarat Goods and Services Tax (“GGST”) Act, 2017 of M/s Gujarat Sidhee Cement Limited issued by Office of the Assistant Commissioner of State Tax, Unit-87, B/H Mamlatdar Office, Rajendra Bhuvan Road Veraval. Gir Somnath-362265 has been received by Saurashtra Cement Limited (“SCL”) against short payment of GST on Royalty/DMF/NMET (Performance Audit on “Assessment, Levy and Collection of GST on Minerals” for the period 2020-21. As per the SCN, the Company is required to show cause before the Asst. Commissioner of State Tax, Unit-87 Veraval, within 25th September 2026 and hearing is scheduled on 18th September 2026 amounting to Rs. 29,47,85,060/- (Rupees Twenty-Nine Crore Forty-Seven Lakhs Eighty-Five Thousand Sixty Only) towards tax, interest & penalty.Based on SCL’s assessment, the aforesaid demand is not maintainable. SCL is evaluating this matter and will submit its reply within the prescribed time period. The Company does not envisage any relevant impact on the financial, operations or other activities of the Company.As described in point no. 1 above.