Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
KEC · price
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KEC International has received an adjudication order from the GST Authority in Gujarat dated March 24, 2026. The order relates to an alleged disallowance of GST input tax credit for FY 2019-20 on grounds of non-compliance by the company's suppliers. The tax demand is Rs. 13.92 lakh with an equal penalty of Rs. 13.92 lakh, taking the total to around Rs. 27.83 lakh. The company is reviewing the order and plans to contest it through appropriate legal remedies. Management has stated that it does not foresee any material financial impact from this order.
The demand amount is very small relative to KEC International's overall business and is unlikely to affect financials materially. Investors should note that the company will challenge the order, and the final outcome remains uncertain but is expected to be minor.