NSEGeneral Updates22h ago · 21 Sept 2026, 06:16 pm

General Updates

Gopal Snacks Limited · GOPAL

✦ AI SummaryRegulatory

Gopal Snacks Limited has received a Show Cause Notice (SCN) from the Assistant Commissioner of State Tax, Unit 27, Modasa, regarding GST liabilities for the period of FY 2022-23 for its Modasa, Gujarat Facility. The total tax demanded is ₹4,11,02,747, comprising ₹2,25,98,806 as tax, ₹1,61,83,882 as interest, and ₹23,20,059 as penalty. The company is confident that it can provide necessary information to drop the SCN and claims that there is no impact on its financial, operational, or other activities.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Gopal Snacks Limited has informed the Exchange about GST Updates

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GOPALSNACKS_21092026181552_IntimationGST.pdf

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Ref: GSL/CS/SE/2026-27 Date: 21.09.2026 BSE Limited National Stock Exchange Limited Department of Corporate Services, Exchange Plaza, 5th Floor, Pheroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai – 400001 Mumbai – 400051 Script code: 544140 Symbol: GOPAL Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has received a Show Cause Notice (SCN) from the Assistant Commissioner of State Tax, Unit 27, Modasa. There is no material impact on financials, operations or other activity of the Company due to abovementioned Intimation. The details required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are attached as Annexure A. Please acknowledge and take on your record. Thanking You. Yours Faithfully, For, GOPAL SNACKS LIMITED CS Mayur Gangani Head — Legal & Compliance cum Company Secretary Membership No. F9980 Encls: a/a “Annexure A” Sr. Particular Details 1. Name of the authority Assistant Commissioner of State Tax Unit 27 (Modasa), Gujarat. 2. Nature and details of the action(s) taken, Show cause notice under Section 73 of CGST initiated or order(s) passed Act, 2017 towards GST liabilities basis the details provided therein for the period of FY 2022-23 for our Modasa, Gujarat Facility. 3. Date of receipt of communication from 21st September 2026 the authority 4. Details of the violation(s)/ contravention Intimation contained matters related to (s) committed or alleged to be committed availment of Input Tax Credits as well as Reversals under respective rules and other input tax credit reconciliatory aspects for the Financial Year 2022-23 of Modasa Facility. Further, the total tax demanded through the show cause notice is ₹4,11,02,747/- (Total Tax ₹2,25,98,806, Interest ₹1,61,83,882 and Penalty ₹23,20,059) 5. Impact on financial, operation or other The Company is confident to provide all such activities of the listed entity, quantifiable necessary information, documentary in monetary terms to the extent possible submissions and explanatory workings which may be adequate to cause the SCN be dropped. There is no impact on financial, operation or other activities of the Company due to this intimation of tax being payable. Company will update the Stock exchanges of material development, if any, in the aforesaid matter in future.