Announcement under Regulation 30 (LODR) - Show Cause Notice from the Office of the State Tax Officer, Palghar.
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Veer Global Infraconstruction Ltd has received a Show Cause Notice from the Office of the State Tax Officer, Palghar, dated 05-12-2025, received on 08-12-2025. The notice pertains to alleged blocking of Input Tax Credit (ITC), with a total tax demand of ₹6,04,464 plus applicable interest and penalty. The company stated it will file a detailed reply with facts, figures, and supporting evidence before the GST Authority within the prescribed timeline. The disclosure has been made under SEBI LODR Regulation 30 as a tax-related communication requiring stock exchange intimation. The financial exposure is relatively small compared to typical corporate tax disputes, and the matter is at the show cause stage with no adverse order yet passed.
The immediate financial impact is limited given the modest demand size of around ₹6 lakh plus interest and penalty. Shareholders should monitor the company's response and any subsequent GST order, but this is a routine tax compliance matter at the show cause stage rather than a confirmed liability or enforcement action.