NSEGeneral Updates4d ago · 18 Sept 2026, 04:29 pm

General Updates

Vikran Engineering Limited · VIKRAN

✦ AI SummaryRegulatory

Vikran Engineering Limited has received a Show Cause Notice (SCN) from the Office of the Assistant Commissioner, C.G.S.T. & Central Excise Division – III, Indore, regarding excess ITC availed pertaining to the FY 2022-2023, with a tax demand of Rs. 1,71,20,276 and penalty of Rs. 17,12,027.599.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Vikran Engineering Limited has informed the Exchange about General Updates

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VIKRAN123_18092026162818_Intimation_of_SCN_-_GST.pdf

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Date: 18th September 2026 To, To, The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai-400001. Bandra (E), Mumbai –400051. (Scrip Code: Equity - 544496) (Scrip Symbol: VIKRAN) Dear Sir/Madam, Sub: Disclosure of information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, we hereby inform you that the Company has received a Show Cause Notice (“SCN”) in Form GST DRC-01, dated 11th September, 2026, received on 17th September, 2026 (Through E-Mail), issued by the Office of the Assistant Commissioner, C.G.S.T. & Central Excise Division – III, Indore, under Section 73 of the CGST Act, 2017, in respect of excess ITC availed pertaining to the FY 2022-2023. Further, information as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure I. This is for your information and records. Thanking You, Yours faithfully, FOR VIKRAN ENGINEERING LIMITED Kajal Rakholiya Company Secretary and Compliance Officer Place: Thane Encl.: as above ANNEXURE -I Sr. No. Particulars Details 1 Name of the authority Office of the Assistant Commissioner, C.G.S.T. & Central Excise Division – III, Indore (GST Department) 2 Nature and details of the action(s) taken Nature - GST Show Cause Notice (SCN) [Form GST or order(s) passed DRC-01] under Section 73 of the CGST Act, 2017. Period involved – FY 2022-2023 Tax demand raised - Rs. 1,71,20,276/- Penalty raised - Rs. 17,12,027.599/- The SCN, inter-alia, alleges excess availment of input tax credit (“ITC”) during the period FY 2022-23. 3 Date of receipt of direction or order, 17th September, 2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ i) Excess ITC availed contravention(s) committed or alleged to ii) Excess availment of ITC on account of “Inward be committed supplies (liable to reverse charge)” 5 Impact on financial, operation or other The Company does not foresee any material impact on activities of the listed entity, its financial, or operational or other activities. quantifiable in monetary terms to the extent possible 6 Any other relevant information The company will respond to the notice within the specified time period.