Amber Enterprises India Limited has informed the Exchange about Action(s) taken or orders passedPursuant to sub-para 20 of para-A of Part A of Schedule III of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI LODR Regulations ), as amended, we wish to inform you that, the Company has received Show Cause Notice ( SCN ) in the form of DRC -01 from the GST Department of Uttarakhand (Authority) on 08.04.2025
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Amber Enterprises has informed the stock exchange that it received a Show Cause Notice (SCN) from the GST Department in Uttarakhand on 8 April 2025. The notice is in the form of DRC-01, which is typically issued when the tax authority believes there may be unpaid or short-paid GST dues. The company has not disclosed the specific demand amount or the underlying issue in this filing. This is a routine regulatory disclosure under SEBI listing rules and does not indicate a SEBI action. The company will likely need to respond to the notice within the stipulated time and may have to either pay the demanded amount or contest it.
This is an early-stage tax compliance matter with no confirmed financial liability yet. Shareholders should watch for further updates on the quantum of demand and the company's response, as an adverse outcome could affect financials, while a favourable resolution would have no material impact.