Please find attached herewith intimation under Regulation 30 of SEBI LODR

KIRLOSENG · price

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

Price reaction · full curve 14 horizons · vs prior close

+0.6%1-day move

₹1662.00

prior close

₹1658.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.2+0.1+0.6+0.2+0.6+0.3+2.3+5.3+10.3+13.7+8.2+43.8+34.2—

Up moveDown movePending

AI summary

Kirloskar Oil Engines Ltd has received a Show Cause Notice from the Joint Commissioner Corporate Circle, Lucknow under Section 73 of the UP GST Act and CGST Act, 2017. The notice imposes a tax demand of Rs. 5,90,02,030 and a penalty of Rs. 59,00,203, totalling approximately Rs. 6.49 crore. The demand relates to ITC (Input Tax Credit) Mismatch and other points for the financial year 2022-23. The company received this notice on 19th May 2026 and states it does not foresee any material impact on its financial or operational activities. The company is in the process of filing a necessary reply before the appropriate authority within prescribed timelines.

Likely market impact

While the total demand including penalty is around Rs. 6.5 crore, the company has stated it does not expect any material financial impact. However, shareholders should monitor the outcome of the company's reply, as an adverse ruling could result in additional costs.