BSECompany Update26 Sept 2026 · 26 Sept 2026, 02:04 pm

The Company has received a Demand Notice

Godavari Biorefineries Ltd · 544279

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Godavari Biorefineries Ltd has received a demand notice from Assistant Executive Engineer (E) O & M Sub Division, HESCOM, Mahalingpur, Karnataka, regarding cross-subsidy charges for open access power imported between 2013 and 2016. The company has considered Rs. 5,90,95,383 as a contingent liability and is assessing the further impact.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact5/10
Market Sentiment4/10

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Godavari Biorefineries Ltd - 544279 - Announcement Under Regulation 30 - Demand Notice

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Dated: September 26, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Tower, Bandra Kurla Complex, Bandra (E), Dalal Street Mumbai – 400 051 Mumbai-400001 Script Symbol: GODAVARIB Script Code:544279 Dear Sir / Madam, Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) read with Sub-Para 20 of Para A, Part A of Schedule III of the SEBI Listing Regulations, we hereby submit the disclosure regarding the Demand Notice received from AEE (E) O & M Sub-division, Mahalingpur, Karnataka The relevant details as per the requirements of Regulation 30 of the Listing Regulations, read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are given in the enclosed Annexure. This is for your information and record. For Godavari Biorefineries Limited Manoj Jain Company Secretary & Compliance O(cid:431)icer Membership No. F-7998 ANNEXURE Disclosures as per the SEBI Listing Regulations and SEBI Circular SEBI/HO/CFD/CFD- PoD1/P/CIR/2023/123 dated July 13, 2023 SN Particulars Details 1 Name of the Authority Assistant Executive Engineer (E) O & M Sub Division, HESCOM, Mahalingpur, Karnataka. 2 Nature and details of the action(s) The company has received a demand Notice from the authority regarding cross-subsidy charges for open access power imported between 2013 and 2016 of Rs. 12,88,27,935 (including principal and interest) 3 Date of receipt of communication from the September 25, 2026 Authority 4 Details of the violation(s)/contravention(s) The Authority demands. Rs. committed or alleged to be committed 5,90,95,383/- as Principal Amount and Rs. 6,97,32,552/- as Interest. 5 Impact on financial, operation or other The Company has considered activities of the listed entity, quantifiable in Rs.5,90,95,383 as a contingent monetary terms to the extent possible liability and is assessing the further impact and will take appropriate actions in due course with the Authority. For Godavari Biorefineries Limited Manoj Jain Company Secretary & Compliance O(cid:431)icer Membership No. F-7998