Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
VAKRANGEE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vakrangee Limited received an order dated March 30, 2026, from the Office of the Assistant Commissioner of CGST & Central Excise, Mumbai, raising a total demand of Rs. 25.18 lakh (Rs. 12.59 lakh CGST + Rs. 12.59 lakh SGST). The demand relates to disallowance of Input Tax Credit under Section 122(1)(ii) of the CGST Act, 2017 in Maharashtra. The company has stated that it believes the demand is not maintainable and is in the process of filing an appeal against the order. The company has clarified that there is no material impact on its financial, operational, or other activities.
The demand amount of Rs. 25.18 lakh is quite small relative to the company's size and the company says it will appeal, so this is unlikely to affect the stock price materially. Investors should note the ongoing tax dispute but it appears to be a routine compliance matter.