NSEGeneral Updates2d ago · 23 Sept 2026, 05:02 pm

General Updates

Vikran Engineering Limited · VIKRAN

✦ AI Summary▼ NegativeRegulatory

Vikran Engineering Limited has received a GST Demand Cum Show Cause Notice from the Office of Additional Commissioner, CGST & CX, Patna-I, Patna, for FY 2022-23, with a tax demand of Rs. 5,34,45,785 and penalty of Rs. 53,44,579.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment2/10

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VIKRAN123_23092026170241_Intimation_of_SCN_-_GST_-_Bihar.pdf

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Date: 23rd 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 Demand Cum Show Cause Notice (“SCN”) in Form GST DRC-01, dated 22nd September, 2026 and received on the same day, issued by the Office of Additional Commissioner, CGST & CX, Patna-I, Patna, under Section 73 of the CGST Act, 2017, Bihar Goods and Service Tax Act, 2017 read with Integrated Goods and Service Tax Act, 2017. 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 Additional Commissioner, CGST & CX, Patna-I, Patna (GST Department) 2 Nature and details of the action(s) taken Nature - GST Demand Cum Show Cause Notice (SCN) or order(s) passed [Form GST DRC-01] under Section 73 (1) of the CGST Act, 2017, Bihar Goods and Service Tax Act, 2017 read with Integrated Goods and Service Tax Act, 2017. Period involved – FY 2022-23 Tax demand raised - Rs. 5,34,45,785/- Penalty raised - Rs. 53,44,579/- 3 Date of receipt of direction or order, 22nd September, 2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ (i) Difference between GSTR-2A and GSTR-3B; contravention(s) committed or alleged to (ii) Tax not paid on reverse charge (RCM) basis; be committed (iii) Turnover difference as per TDS supplies. 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.