Endurance Technologies Limited has informed the Exchange regarding an Order dated 29th December, 2025 passed by Deputy Commissioner, Rudrapur I, Uttarakhand.
ENDURANCE · price
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Endurance Technologies has received an order dated 29th December 2025 from the Deputy Commissioner of Rudrapur – I, Uttarakhand, concerning GST matters for FY 2021–22. The order raises a demand of Rs. 12.39 crore in total — comprising Rs. 11.26 crore in tax and Rs. 1.13 crore in penalty — relating to issues around Input Tax Credit (ITC) eligibility, mismatches with GSTR-2A, reversal of ITC by customers, and sundry creditors. The company has stated that it is preparing to file an appeal against the order. Management has clarified that there is no material impact on the company's financials, operations, or other activities.
The Rs. 12.39 crore demand is small relative to a company of Endurance's size and management has deemed it immaterial, so the near-term impact on shareholders is limited. However, the outcome of the appeal remains a watchpoint, as an adverse ruling could lead to a modest financial hit.