BSEKabra Commercial LtdHighNegative
Announced Thu, 18 Dec · 15:51 IST

This is to inform that demat account of the Company has been freeze by the Depository due to Advisory notice received from regulatory authority of State Tax Unit Gandhidham.

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Kabra Commercial Ltd's demat accounts (across both CDSL and NSDL) have been frozen for debit transactions, meaning the company cannot sell or transfer its securities from these accounts. The freeze was implemented by the depositories on the basis of an advisory notice received from the State Tax Unit at Gandhidham, Gujarat (Office of the Assistant Commissioner of State Tax, Unit-103). The reference number cited is ACS T/U.103/STO-5/2025-26/O.W.3321/22 dated November 12, 2025. Multiple demat account IDs of the company have been affected, and CDSL has directed the company to contact the state tax officials directly to resolve the matter and get the freeze lifted.

Likely market impact

The company is restricted from selling or transferring its own securities from the frozen accounts until the state tax issue is resolved with the Gujarat tax authorities. This is a tax-compliance related freeze, not a SEBI or capital markets regulatory action, but it is a negative development that raises questions about the company's GST/state tax standing. Retail investors should monitor for updates on resolution.