DISCLOSURE UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015 - DEMAND NOTICE UNDER TNVAT 2006
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Stanpacks India Ltd has received a demand notice from the Tamil Nadu commercial tax authorities (Assistant Commissioner, Kilpauk Assessment Circle) dated 16 June 2025. The notice demands a total tax of approximately ₹21.84 lakh along with a penalty of about ₹1.88 lakh, relating to arrears of VAT/GST. The company has stated it is currently evaluating the demand and will decide on appropriate action, which could include contesting it. The total financial exposure from this notice is roughly ₹23.72 lakh.
The demand amount is relatively small and unlikely to materially affect the company's financials or stock price. However, shareholders should monitor whether the company contests the demand or chooses to pay, as this will indicate the management's confidence in the matter.