Revised Disclosure related to receipt of Order from Commissioner of Central Goods and service tax.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 4.7 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kesar Terminals & Infrastructure has received an order dated September 26, 2025 from the Office of the Commissioner of Central Goods and Services Tax - Kutch (Gandhidham) imposing a penalty of approximately Rs. 4.46 crores under Section 74 of the CGST Act, 2017. The order directs recovery of this amount. The company has stated it will challenge the order through an appeal, contending that it is not legally tenable. The company also acknowledged a delay in disclosing this information to the stock exchange, attributing it to an oversight.
Shareholders should note a potential cash outflow of around Rs. 4.46 crores if the appeal fails, though the company is contesting the order. The delayed disclosure may also attract regulatory scrutiny from BSE/SEBI for non-timely reporting under LODR norms.