NSEAction(s) initiated or orders passed4d ago · 19 Sept 2026, 10:56 am
Action(s) initiated or orders passed
Goldiam International Limited · GOLDIAM
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Goldiam International Limited has received a property tax notice from the Brihanmumbai Municipal Corporation (BMC) for its premises at SEEPZ, Andheri (East), Mumbai, relating to the period from April 1, 2010 to March 31, 2026, with a demand of Rs. 23,54,86,763. The company is examining the demand and will take appropriate legal and other necessary action to defend and protect its interests.
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Full Announcement
Intimation under Regulation 30 (Para 20 of Part A of Schedule III)of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Receipt of Property Tax Notice from BMC.
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September 19, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street,Mumbai- 400 001. Bandra Kurla Complex,Mumbai- 400 051.
Scrip Code: 526729 Scrip Code: GOLDIAM EQ
Respected Sir/Madam,
Sub: Intimation under Regulation 30 (Para 20 of Part A of Schedule III)of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 – Receipt of Property
Tax Notice from BMC.
Pursuant to Regulation 30 (Para 20 of Part A of Schedule III) of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has
received a communication from the Brihanmumbai Municipal Corporation (“BMC”), Assessment
& Collection Department, in relation to property tax pertaining to the Company's premises situated
at Gems & Jewellery Complex, SEEPZ, Andheri (East), Mumbai – 400096.
The details as required under Regulation 30 read with Schedule III of the SEBI LODR Regulations
are as under:
Sr. No. Particulars Details
1 Name of the listed Company Goldiam International Limited
2 Brihanmumbai Municipal Corporation (“BMC”),
Name of the authority
Assessment & Collection Department
3 Receipt of property tax notice/demand in respect of
Nature and details of the
the Company's premises at SEEPZ, Andheri (East),
action(s) taken, initiated or
Mumbai, relating to the period from April 1, 2010 to
order(s) passed
March 31, 2026.
4 Date of receipt of
communication from the
September 18, 2026
authority
Registered Office
Gems & Jewellery Complex, Santacruz Electronics Export Processing Zone, Andheri (East), Mumbai-400096. India
Phones: (022) 28291893/28290396/28292397 Fax : (022) 28292885
Email:- investorrelations@goldiam.com Website: www.goldiam.com
5 The communication pertains to
Details of the determination/demand of property tax under the
violation(s)/contravention(s) applicable provisions relating to the Capital Value
committed or alleged to be based property tax system.
committed
6 As per the BMC property tax bill, an aggregate
Impact on financial, operation
amount of Rs. 23,54,86,763/- (Rupees Twenty-Three
or other activities of the listed
Crore Fifty-Four Lakh Eighty-Six Thousand Seven
entity, quantifiable in
Hundred Sixty-Three only) has been indicated as
monetary terms to the extent
payable. The Company is examining the demand and
possible
the underlying computation and, based on the
outcome of such examination, will take appropriate
legal and other necessary action to defend and
protect its interests in accordance with applicable law.
7 Other relevant information As per the property tax demand notice issued by the
Brihanmumbai Municipal Corporation ("BMC"), an
aggregate amount of ₹23,54,86,763/- (Rupees
Twenty-Three Crore Fifty-Four Lakh Eighty-Six
Thousand Seven Hundred Sixty-Three Only) has
been indicated as payable by the Company in respect
of its premises situated at SEEPZ, Andheri (East),
Mumbai.
The Company is presently evaluating the matter in
consultation with its legal and other professional
advisors and is assessing the legal remedies,
representations, clarifications and other recourses
available under applicable law.
At this stage, the Company is not in a position to
conclusively determine the ultimate financial impact
of the matter. Any impact on the financial statements
of the Company will be assessed and determined in
accordance with applicable law and accounting
standards after completion of the ongoing review. The
Registered Office
Gems & Jewellery Complex, Santacruz Electronics Export Processing Zone, Andheri (East), Mumbai-400096. India
Phones: (022) 28291893/28290396/28292397 Fax : (022) 28292885
Email:- investorrelations@goldiam.com Website: www.goldiam.com
Company will make such further disclosures as may
be required upon conclusion of its review or upon any
material development in the matter.
The above is for your information and record.
Yours faithfully,
For Goldiam International Limited
Pankaj Parkhiya
Company Secretary & Compliance Officer
Registered Office
Gems & Jewellery Complex, Santacruz Electronics Export Processing Zone, Andheri (East), Mumbai-400096. India
Phones: (022) 28291893/28290396/28292397 Fax : (022) 28292885
Email:- investorrelations@goldiam.com Website: www.goldiam.com