Announced Wed, 19 Nov · 19:19 IST

Please find attached the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Saint-Gobain Sekurit India has received an order from the GST department in Pune demanding payment of tax, interest, and penalty totalling ₹426.01 lakhs (about ₹4.26 crore). The order relates to Merchant Export transactions for financial year 2021-22. The company received the order on November 19, 2025, and is currently evaluating all legal options, including filing an appeal. Management has stated that there is no material impact on the company's financial position, operations, or other activities as a result of this order.

Likely market impact

The ₹4.26 crore demand is small relative to a company of this size and the company plans to appeal, so the immediate financial impact is limited. However, if the appeal fails, it could become an additional expense, so investors should monitor the outcome of the appeal.