UCAL LIMITED has informed the Exchange about Action(s) initiated or orders passed
UCAL · price
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UCAL Limited has received a show cause notice dated April 24, 2026 from the GST authorities (Assistant Commissioner, Ambattur Assessment Circle). The notice asks the company to provide invoice-wise details of Input Tax Credit (ITC) claimed under Section 4A(5) of GSTR 3B and ITC reversed under Section 4B(2) of GSTR 3B for the financial year 2023-2024. The company has been given an opportunity to be heard. UCAL has stated there is no material impact on its financial, operational, or other activities and believes the notice lacks merit. The company plans to submit the required invoice details with supporting evidence within the prescribed timelines.
This is a routine tax compliance matter and the company has confirmed no material financial or operational impact. Shareholders should note it as a minor regulatory communication with no expected effect on stock price, though investors may track the outcome of the hearing.