NSEGeneral Updates3d ago · 22 Sept 2026, 04:41 pm
General Updates
Balkrishna Industries Limited · BALKRISIND
✦ AI SummaryRegulatory
Balkrishna Industries Limited has received an adjudication order from the Office of the Assistant Commissioner of CGST, Bhuj Division, for a demand of Rs. 1.05 Crs along with a penalty for disallowance of input tax credit for the financial years 2021-22 and 2022-23. The company states that there is no impact on its financial, operational, or other activities due to the alleged tax demand.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Balkrishna Industries Limited has informed the Exchange about General Updates
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BALKRISIND_22092026163556_Regulation_30__Signed.pdf
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BIL/SE/2026-27 22nd September, 2026
BSE Limited National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers 5th Floor, Exchange Plaza
Dalal Street Bandra Kurla Complex
Mumbai – 400 001 Bandra (E), Mumbai 400 051
Equity Scrip Code: 502355 (Equity) Trading Symbol: BALKRISIND
Scrip Code : 977667 (Debt) (INE787D 08047)
Scrip Code : 977668 (Debt) (INE787D 08039)
Scrip Code : 977669 (Debt) (INE787D 08054)
Scrip Code : 978121 (Debt) (INE787D08062)
Scrip Code : 978123 (Debt) (INE787D08070)
Scrip Code : 978122 (Debt) (INE787D08088)
Dear Sir/Madam,
Sub : Intimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015
This is to inform you that the Company has received Order from Office of the Assistant Commissioner
of CGST, Bhuj Division. The details as required to be provided as per sub-para 20 of Para A of Part A of
Schedule III of SEBI LODR Regulations are included in the Annexure and the requisite information under
the said Regulation is annexed.
Intimation of the Order was received by the Company on 21st September, 2026, by email, at 6:14 p.m.
(IST).
We request you to kindly take the same on record and disseminate.
The aforesaid information is also being placed on the website of the Company at www.bkt-tires.com.
Thanking you,
Yours faithfully,
For Balkrishna Industries Limited
Vipul Shah
Director & Company Secretary
And Compliance Officer
DIN: 05199526
Encl: As Above
Balkrishna Industries Ltd.
CIN No.: L99999MH1961PLC012185
Corporate Office : BKT House, C / 15, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India.
Tel: +91 22 6666 3800 Fax: +91 22 6666 3898/99 www.bkt-tires.com
Registered Office: B-66, Waluj MIDC, Waluj Industrial Area, Chhatrapati Sambhaji Nagar– 431 136, Maharashtra, India
Annexure
Sr. No. Particulars Information / Remarks
1 Name of the authority Assistant Commissioner of CGST, Division Bhuj, Gandhdham
(Kutch)
2 Nature and details of the action(s) Adjudication order issued u/s 74(1) of CGST Act, 2017 and
taken or order(s) passed rules made thereunder read with corresponding statutory
provisions of the Gujarat State GST Act, 2017 and Section 20
of the IGST Act, 2017.
3 Date of receipt of direction or September 21, 2026, at 06.14 PM.
order, including any ad-interim
or interim orders, or any other
communication from the
authority
4 Details of the violation(s)/ The Company has received an adjudication order dated
contravention(s) committed or September 21, 2026, under section 74(1) of CGST Act, 2017,
alleged to be committed for the financial year 2021-22 & 2022-23, wherein a demand
has been confirmed for Rs. 1.05 Crs along with the equivalent
penalty on account of disallowance of input tax credit.
5 Impact on financial, operation There is no impact on the financial, operational or other
or other activities of the listed activities of the Company due to the alleged tax demand. The
entity, quantifiable in monetary Order is Appealable & the Company is in the process of
terms to the extent possible contesting at the higher Appellate level.
Balkrishna Industries Ltd.
CIN No.: L99999MH1961PLC012185
Corporate Office : BKT House, C / 15, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India.
Tel: +91 22 6666 3800 Fax: +91 22 6666 3898/99 www.bkt-tires.com
Registered Office: B-66, Waluj MIDC, Waluj Industrial Area, Chhatrapati Sambhaji Nagar– 431 136, Maharashtra, India