NSEGeneral Updates▼ NegativeRegulatory23 Sept 2026
Vikran Engineering Limited
General Updates
Vikran Engineering Limited has received a GST Demand Cum Show Cause Notice from the Office of Additional Commissioner, CGST & CX, Patna-I, Patna, for FY 2022-23, with a tax demand of Rs. 5,34,45,785 and penalty of Rs. 53,44,579.
BSECompany Update▼ NegativeRegulatory23 Sept 2026
Vikran Engineering Ltd
Disclosure of Information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Vikran Engineering Ltd has received a Demand Cum Show Cause Notice (SCN) from the Office of Additional Commissioner, CGST & CX, Patna-I, Patna, under Section 73 of the CGST Act, 2017, for FY 2022-23, with a tax demand of Rs. 5,34,45,785 and penalty of Rs. 53,44,579.
NSECredit Rating- Others▼ NegativeRegulatory23 Sept 2026
Vadilal Industries Limited
Credit Rating- Others
Vadilal Industries Limited has informed the Exchange about Credit Rating- Others, stating that India Ratings and Research (Ind-Ra) has placed the company's bank loan facilities on Rating Watch with Negative Implications.
BSECompany Update▼ NegativeRegulatory23 Sept 2026
Vadilal Industries Ltd-$
Intimation regarding Credit Ratings under Regulation 30 of the SEBI (LODR) Regulations, 2015
Vadilal Industries Ltd has informed the exchange that India Ratings and Research (Ind-Ra) has placed the company's bank loan facilities on Rating Watch with Negative Implications.
NSEUpdates▼ NegativeRegulatory23 Sept 2026
63 moons technologies limited
Updates
63 Moons Technologies Limited clarified a publication on stale judicial proceedings by Law Text, stating it was misleading and created a false impression about the company's stock price. The company is examining the circumstances and considering taking action against those responsible.
BSECompany Update▼ NegativeRegulatory23 Sept 2026
TeleCanor Global Ltd
Email sent to BSE in connection with pending listing application
TeleCanor Global Ltd. has been following up with BSE for expeditious processing of its listing application, but has not received a definitive timeline or concrete reasons for the continued pendency. The company has made an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and has also received a threatening email from a shareholder accusing BSE of fabricating compliance pretext and causing a medical emergency.
NSEGeneral Updates▼ NegativeRegulatory23 Sept 2026
Bank of Maharashtra
General Updates
Bank of Maharashtra has informed the Exchange about a proposed bank strike by the United Forum of Bank Unions on September 28-30, 2026, which may affect the functioning of the bank's branches and offices.
NSEAction(s) initiated or orders passed▼ NegativeRegulatory22 Sept 2026
Sasken Technologies Limited
Action(s) initiated or orders passed
Sasken Technologies Limited has received an order from the Joint Commissioner Appeals, GST Department, Bengaluru, dismissing their appeal for FY 2020-21 and confirming a tax demand of ₹12,78,57,765, including interest and penalty.
NSEAction(s) initiated or orders passed▼ NegativeRegulatory22 Sept 2026
Sasken Technologies Limited
Action(s) initiated or orders passed
Sasken Technologies Limited has received an order from the Joint Commissioner Appeals, GST Department, Bengaluru, dismissing their appeal for FY 2021-22 and confirming a tax demand of ₹10,89,83,477.
NSEAction(s) initiated or orders passed▼ NegativeRegulatory22 Sept 2026
Indian Metals & Ferro Alloys Limited
Action(s) initiated or orders passed
Indian Metals & Ferro Alloys Limited has received an order from the Income Tax Department demanding a penalty of Rs 38.98 Lacs for a higher capital gain tax computed for a sale of an immovable property. The company is contemplating an appeal against the order.
BSECompany Update▼ NegativeRegulatory22 Sept 2026
Indian Metals & Ferro Alloys Ltd
As corporate announcement attached
Indian Metals & Ferro Alloys Ltd has received a penalty order from the Income Tax Department demanding Rs 38.98 Lacs under section 270A of the Income-tax Act, 1961 for a higher capital gain tax computed by the Assessing Officer for a sale of an immovable property. The company is contemplating an appeal against the order.
BSECompany Update▼ NegativeRegulatory22 Sept 2026
NESCO Ltd
Announcement under Regulation 30
NESCO Ltd has received a communication from National Highways Logistics Management Limited regarding the levy of a penalty of Rs. 2,09,72,000 for the delay in implementation of a project.
BSECompany Update▼ NegativeRegulatory22 Sept 2026
Sapphire Foods India Ltd
Sapphire Foods India Limited has informed the Exchange about Action(s) taken or orders passed
Sapphire Foods India Ltd has received a show cause notice from the Deputy Commissioner (CT), Chennai, Tamil Nadu, for an alleged GST violation and short payment of tax amounting to INR 5,168.38 million, with a computational error in the notice.
BSECompany Update▼ NegativeRegulatory22 Sept 2026
Music Broadcast Ltd
Intimation under Regulation 30
Music Broadcast Ltd has received a Show Cause Notice (SCN) from the Office of the Deputy Commissioner, State Tax, Sector-2, Lucknow, alleging short payment of tax and irregular/excess availment of Input Tax Credit claim for FY 2022-23. The SCN raises a total demand of approximately ₹11,57,81,759. The Company does not agree with the allegations and proposes to submit a detailed reply within the prescribed timeline.
NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company▼ NegativeRegulatory22 Sept 2026
Equitas Small Finance Bank Limited
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Equitas Small Finance Bank Limited has received a Show Cause Notice from GST Authorities for financial year 2022-23, proposing an aggregate demand of Rs. 533,81,24,251/-, comprising tax of Rs. 485,18,30,588/-, interest of Rs. 11,10,604/- and penalty of Rs. 48,51,83,059/-, primarily due to the proposed disallowance of exemption on interest income earned from loans and advances. The Bank intends to contest all the matters raised in the SCN and will submit a detailed response within the prescribed timeline.
BSECompany Update▼ NegativeRegulatory22 Sept 2026
Sterling and Wilson Renewable Energy Ltd
Pursuant to Regulation 30 of the SEBI Listing Regulations, we wish to inform you that an order has been issued by Additional Commissioner, CGST, Jaipur, Rajasthan towards alleged shortfall of taxes for the period November 2020 to November 2021 and demanded tax and penalty aggregating to ~ INR 27.72 Crore plus applicable interest.
The company is in the process of evaluating the order and deciding the future course of action. In respect of the captioned ....
Sterling and Wilson Renewable Energy Ltd has received an order from Additional Commissioner, CGST, Jaipur, Rajasthan, demanding tax and penalty aggregating to ~ INR 27.72 Crore plus applicable interest for alleged shortfall of taxes for the period November 2020 to November 2021. The company is evaluating the order and deciding the future course of action.
NSEGeneral Updates▼ NegativeRegulatory21 Sept 2026
Mahanagar Telephone Nigam Limited
General Updates
Mahanagar Telephone Nigam Limited has received a fine of Rs. 14,00,000 from TRAI for contravention of the provisions of regulation 9 and regulation 10 of the Standards of Quality of Service of Access (Wireline and Wireless) and Broadband (Wireline and Wireless) Service Regulations, 2024.
BSEGeneral▼ NegativeRegulatory19 Sept 2026
TeleCanor Global Ltd
Outcome of Board Meeting held on 19.09.2026 - Removal of Statutory Auditors
TeleCanor Global Ltd has removed its statutory auditors, M/s. K.K. Goel & Co., due to non-cooperation and failure to provide necessary support and information. The company will initiate the process for removal and convene a general meeting for shareholder approval.
NSEAction(s) taken or orders passed▼ NegativeRegulatory19 Sept 2026
Industrial Investment Trust Limited
Action(s) taken or orders passed
Industrial Investment Trust Limited has received a Provisional Attachment Order from the Directorate Enforcement, Unit- 5(1) of Delhi Zonal Office-II under the Prevention of Money Laundering Act 2002, attaching 29,46,341 equity shares of the company held by promoter N.N. Financial Services Private Limited.
BSECompany Update▼ NegativeRegulatory19 Sept 2026
Vishnu Prakash R Punglia Ltd
Credit Rating
Vishnu Prakash R Punglia Ltd has been assigned a credit rating by Infomerics Valuation and Rating Ltd, with a long-term rating of IVR C+/Stable and a short-term rating of IVR A4, both downgraded from previous ratings. The downgrade is due to delays in servicing principal debt obligations.