NSEAction(s) taken or orders passed5d ago · 1 Sept 2026, 06:55 pm
Action(s) taken or orders passed
Sudarshan Colorants India Limited · SUDARCOLOR
✦ AI SummaryRegulatory
Sudarshan Colorants India Limited has informed the Exchange that an inspection/search proceeding initiated on August 25, 2026, under the Maharashtra Goods and Services Tax Act, 2017 and the Maharashtra Value Added Tax Act, 2002, has been concluded on August 31, 2026, without any material impact on the company's financials, business operations or activities.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Sudarshan Colorants India Limited has informed the Exchange about Action(s) taken or orders passed
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CLNINDIA_01092026185540_SCILSEIntimationGSTSearchConclusion.pdf
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September 01, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C - 1, Block - G,
Dalal Street, Mumbai – 400 001 Bandra Kurla Complex,
Scrip Code – 506390 Bandra (East), Mumbai – 400 051
Scrip Symbol - SUDARCOLOR
Dear Sir / Madam,
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Pursuant to Regulation 30 read with Part A, Para A of Schedule III of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), and
further to our intimation dated August 26, 2026, we would like to inform you that
inspection/search proceeding under Section 67 of the Maharashtra Goods and Services Tax Act,
2017 and Section 64 of the Maharashtra Value Added Tax Act, 2002, initiated on
Tuesday, August 25, 2026, at some of the office(s) and manufacturing unit(s) of
Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited) (“the Company”)
situated in the state of Maharashtra, has been concluded on Monday, August 31, 2026 at
10:15 p.m. (IST). The Company has extended full co-operation and assistance in the said matter,
and the entire process was concluded peacefully and cordially.
At present, there is no material impact on the financials, business operations or any other activities
of the Company due to the aforesaid inspection/search proceedings. In the event there is any
material update that requires intimation under the SEBI Listing Regulations, the Company will
make necessary disclosures in accordance with regulatory provisions.
The details of the above as required under Para A of Part A of Schedule Ill of the SEBI Listing
Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026, are enclosed as Annexure A.
Kindly take the same on record.
Thanking You,
Yours Faithfully,
For SUDARSHAN COLORANTS INDIA LIMITED
(formerly known as Heubach Colorants India Limited)
ADWAIT JOSHI
COMPANY SECRETARY
E ncl: as above
Sudarshan Colorants India Limited (Formerly known as Heubach Colorants India Limited)
Registered Office: Rupa Renaissance, B Wing, 25th Floor, D-33 MIDC Road, TTC Industrial Area, Juinagar, Navi Mumbai 400705, India
T: +91 22 2087 7610 | www.sudarshan.com | shares@sudAarnsnhaenx.ucorme |- C AIN : L24110MH1956PLC010806
The detailed information as required under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No.
HO/49/14/14/(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026:
Sr. Particulars Description
1. Name of the authority Assistant Commissioner of State Tax,
Maharashtra State, Mumbai
2. Nature and details of the action(s) taken, Inspection/search proceeding was
initiated or order(s) passed initiated at some of the Company’s
office(s) and manufacturing unit(s)
situated in State of Maharashtra on
Tuesday, August 25, 2026, under
Section 67 of the Maharashtra Goods
and Services Tax Act, 2017 and
Section 64 of the Maharashtra Value
Added Tax Act, 2002.
3. Date of receipt of direction or order, The letter authorised to carry out
including any ad-interim or interim orders, inspection/search was produced to the
or any other communication from the Company officials by the
authority Maharashtra State GST officials on
Tuesday, August 25, 2026 and the same
was concluded on Monday, August 31,
2026, at 10:15 p.m. (IST).
4. Details of the violation(s)/contravention(s) The Company has provided all
committed or alleged to be committed necessary documents, clarifications and
details, as requested by the Maharashtra
State GST officials in due course of
time.
In the event there is any material update
that requires intimation under the SEBI
Listing Regulations, the Company will
make necessary disclosures in
accordance with regulatory provisions.
5. Impact on financial, operation or other At present, there is no material impact
activities of the listed entity, quantifiable in on the financials, business operations or
monetary terms to the extent possible any other activities of the Company due
to the aforesaid inspection/search
proceedings.
In the event there is any material update
that requires intimation under the SEBI
Listing Regulations, the Company will
make necessary disclosures in
accordance with regulatory provisions.
Sudarshan Colorants India Limited (Formerly known as Heubach Colorants India Limited)
Registered Office: Rupa Renaissance, B Wing, 25th Floor, D-33 MIDC Road, TTC Industrial Area, Juinagar, Navi Mumbai 400705, India
T: +91 22 2087 7610 | www.sudarshan.com | shares@sudarshan.com | CIN: L24110MH1956PLC010806