Pursuant to Regulation 30 of SEBI (LODR), 2015, Intimation regarding show cause notice issued by Excise & Taxation Officer, Sonipat.
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Hindustan Tin Works has received a Show Cause Notice from the Excise & Taxation Officer of Sonipat under Section 74 of the Haryana GST Act, 2017, covering the period April 2019 to March 2020. The notice raises a tax demand of Rs. 30.22 lakh, with interest and penalty pushing the total to Rs. 95.23 lakh. The notice was received by the company on 29 September 2025 and has been disclosed to the stock exchange under SEBI LODR Regulation 30. The company states it expects a favourable outcome and that there is no material impact on its operations or financial position from this notice.
The potential financial exposure of about Rs. 95 lakh is small relative to typical corporate operations, and the company maintains it will not have a material impact. Shareholders should monitor the company's response, but near-term impact on the stock is likely limited unless the matter escalates into an unfavourable order.