NSEAction(s) taken or orders passed12 Sept 2026 · 12 Sept 2026, 11:19 am

Action(s) taken or orders passed

Sudarshan Colorants India Limited · SUDARCOLOR

✦ AI SummaryRegulatory

Sudarshan Colorants India Limited has received an appeal order from the Deputy Commissioner (S.T.) (Appeals) rejecting the company's appeal against a demand order of Rs. 5,11,48,556 under Section 73 of TNGST & CGST Acts, 2017, and upholding the demand order.

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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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Sudarshan Colorants India Limited has informed the Exchange about Action(s) taken or orders passed

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CLNINDIA_12092026111920_SCILSEINTIMATIONGSTORDER110926.pdf

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September 12, 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 This is with reference to our earlier communication dated May 03, 2024, regarding an Order received from the Commercial Tax Officer, CHIDAMBARAM – I, Cuddalore, Tamil Nadu towards GST Assessment conducted for the year 2018-19 for the state of Tamil Nadu to Sudarshan Colorants India Limited (formerly Heubach Colorants India Limited) (“the Company”). Pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations, 2015”), we wish to inform that on Friday, September 11, 2026, the Company has received an Appeal Order passed by the Deputy Commissioner (S.T.) (Appeals), Vellore and Cuddalore Division, Cuddalore Camp, Tamil Nadu, whereby the appeal filed by the Company against the Demand Order dated April 30, 2024 which was received under Section 73 of TNGST & CGST Acts, 2017 has been rejected and the Demand Order has been upheld. The said Order is appealable and Company is in the process of filing the appeal before the appropriate authority. Hence, we believe that there will not be any material impact on the financial, operation or other activities of the Company due to issuance of the aforesaid Appeal Order. The details of the above as required under Para A of Part A of Schedule III of the SEBI Listing Regulations,2015 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@sudarshan.com | CIN: L24110MH1956PLC010806 Annexure - A. 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 Deputy Commissioner (S.T.) (Appeals), Vellore and Cuddalore Division, Cuddalore Camp, Tamil Nadu. 2. Nature and details of the action(s) taken, Appeal Order passed by the Deputy initiated or order(s) passed Commissioner (S.T.) (Appeals), Vellore and Cuddalore Division, Cuddalore Camp, Tamil Nadu on Friday, September 11, 2026, whereby the appeal filed by the Company against the Demand Order dated April 30, 2024, which was received under Section 73 of TNGST & CGST Acts, 2017 has been rejected and the Demand Order has been upheld. 3. Date of receipt of direction or order, Appeal Order received on including any ad-interim or interim orders, Friday, September 11, 2026. or any other communication from the authority 4. Details of the violation(s)/contravention(s) Demand Order was received under committed or alleged to be committed Section 73 of TNGST & CGST Acts, 2017 dated April 30, 2024, for an aggregate amount of Rs. 5,11,48,556/- (includes amount of Tax Rs. 2,56,41,056/-, amount of interest Rs. 2,32,16,044/- and amount of penalty Rs. 22,91,456/-). 5. Impact on financial, operation or other The Order is appealable and Company is activities of the listed entity, quantifiable in in the process of filing the appeal before monetary terms to the extent possible the appropriate authority. Hence, we believe that there will not be any material impact on the financial, operation or other activities of the Company due to issuance of the aforesaid Appeal Order. 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