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.
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Growth Catalyst1/10
Governance Concern1/10
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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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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.