Aegis Logistics Limited has informed the Exchange about Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Awaiting price reaction for this filing.
Aegis Logistics has disclosed two GST demand orders received from the Gujarat State Tax Officer, Ghatak 11, Ahmedabad. A penalty of Rs. 58.69 lakh has been levied for FY 2021-22 and Rs. 2.29 crore for FY 2018-19, totalling about Rs. 2.88 crore. Both orders relate to disallowance of Input Tax Credit (ITC) under the CGST Act, 2017. The orders were received on January 5, 2026. The company has stated there is no material impact on its financials or operations and plans to appeal against the orders before the appropriate authority.
The combined penalty of roughly Rs. 2.88 crore is small relative to a company of Aegis Logistics' size and the management has called it non-material. The decision to appeal may delay any actual outflow, so near-term impact on the stock is likely limited, though investors should watch the appeal outcome.