NSEAction(s) initiated or orders passed8 Sept 2026 · 8 Sept 2026, 07:05 pm

Action(s) initiated or orders passed

GE Power India Limited · GVPIL

✦ AI SummaryRegulatory

GE Power India Limited has received an order from the Office of the Assistant Commissioner of GST and Central Excise, Bhubaneswar, Odisha, demanding GST, interest, and penalty for alleged short payment of taxes on sales in the state of Odisha for FY 2020-21.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

GE Power India Limited has informed the Exchange that the Company has received an Order dated 08 September 2026 from the Office of the Assistant Commissioner of GST and Central Excise, Bhubaneswar, Odisha.

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GEPIL_08092026185740_GEPIL_Intimation-08092026.pdf

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GE Power India Limited CIN- L74140MH1992PLC068379 Corporate Office: Axis House, Plot No I-14, Towers 5 & 6, Jaypee Wish Town, Sector 128, Noida, Uttar Pradesh – 201304 T+91 0120 5011011 | F +91 0120 5011100 Registered Office: Regus Magnum Business Centers, 11th floor, Platina, Block G, Plot C-59, BKC, Bandra (E), Mumbai, Maharashtra – 400051 T + 91 22 68841741 Email id: in.investor-relations@gevernova.com https://www.gevernova.com/regions/asia//in/ge- power-india-limited 08 September 2026 To, To, National Stock Exchange of India Ltd . BSE Ltd. Exchange Plaza, Plot No. C/1, G Block, 25th Floor, P.J. Towers, Bandra-Kurla Complex, Bandra (E) Dalal Street, Mumbai - 400 051 Mumbai – 400 001 Symbol: GVPIL Scrip Code: 532309 Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir / Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations, we hereby inform you that the Company has received an Order dated 08 September 2026 from the Office of the Assistant Commissioner of GST and Central Excise, Bhubaneswar, Odisha; details of this order, as required under Clause 20 of Para A of Part A of Schedule III of the Listing Regulations, are enclosed in the Annexure. This is for your information and dissemination. Thanking you. Yours truly, For GE Power India Limited Vipul Sharma Company Secretary and Compliance Officer Encl: a/a Annexure S. No Particulars Details 1. Name of the authority Assistant Commissioner GST and Central Excise Jurisdiction: Bhubaneswar I Circle: Bhubaneswar: Odisha 2. Nature and details of the action(s) taken or order(s) Order in Original passed for FY 2020-21 passed demanding GST, interest and penalty alleging short payment of taxes on sales in the state of Odisha 3. Date of receipt of direction or order, including any ad- 08 September 2026 interim or interim orders, or any other communication from the authority 4. Details of the violation(s)/contravention(s) committed Alleged short payment of tax on outward or alleged to be committed liability- Order passed under section 74 of the Central GST Act, 2017/ Odisha GST Act, 2017. Demand amount is as below: - Tax Amount INR 2,109,252/- - Interest: As applicable - Penalty Amount INR 2,109,252/- 5. Impact on financial, operation or other activities of the The amount demanded along with the listed entity, quantifiable in monetary terms to the interest and penalty neither has any material extent possible impact on the financials of the Company nor affects operational or other activities of the Company. The Company is in the process of evaluating way forward in respect of above and is looking to file an appeal in the matter.