This is to inform you that In terms of Regulation 30 (read with Part A of Schedule III) of the SEBI Listing Regulations, a meeting of the Board of Directors of the Company was held on Wednesday, ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gautam Exim's Board met on March 11, 2026, and approved the resignation of Company Secretary Akansha Motwani (effective March 1, 2026) and the appointment of Mr. Vishad Jaiswal (Membership No. A79050) as the new Company Secretary and Compliance Officer from March 11, 2026. The Board also reviewed a major GST demand of Rs. 12.39 crore (Twelve Crore Thirty Eight Lakhs Ninety Six Thousand Six Hundred and Twenty One) raised by the GST Department in Surat via order dated November 2025. The company is contesting this order and has filed a petition in the Gujarat High Court. The demand relates to alleged fake Input Tax Credit claims from non-existent suppliers between April 2018 and August 2023. Other routine items noted included listing compliance and investor complaint status for the quarter ended December 31, 2025.
The Rs. 12.39 crore GST demand is significant for a small-cap company like Gautam Exim and poses a material financial risk if the court ruling goes against the company. Shareholders should monitor the Gujarat High Court case closely as an unfavorable outcome could hit earnings and stock price.