NSEGeneral Updates28 Sept 2026 · 28 Sept 2026, 05:11 pm

General Updates

Schneider Electric Infrastructure Limited · SCHNEIDER

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Schneider Electric Infrastructure Limited has received an order from the Commissioner (Appeals), CGST & Central Excise (Appeals), Vadodara, upholding a demand of INR 3,25,15,502 towards tax, along with applicable interest and penalty of INR 32,51,549, in relation to alleged excess claim of Input Tax Credit for the Financial Year 2021-22. The company is evaluating the order and appropriate legal remedy.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10

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Schneider Electric Infrastructure Limited has informed the Exchange about General Updates

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SCHNEIDER_28092026171146_IntimationReg_30GST_MatterSep282026.pdf

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September 28, 2026 SEIL/Sec./SE/2026-27/47 The Manager The Secretary Listing Department BSE Limited National Stock Exchange of India Ltd Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street Bandra (East), MUMBAI 400 051 MUMBAI 400 001 Fax # 022-2659 8237/8238/8347/8348 Fax#022-2272 3121/2037/2039 Symbol: SCHNEIDER Scrip Code No. 534139 Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 (“the Listing Regulations”) Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that Schneider Electric Infrastructure Limited (“Company”) has received an Order bearing No. ZD240926125469Z dated September 28, 2026, issued by the Commissioner (Appeals), CGST & Central Excise (Appeals), Vadodara (“Appellate Authority”). This intimation is in continuation of the Company’s earlier intimation submitted to the Stock Exchanges vide letter no. SEIL/Sec./SE/2025-26/67 dated December 16, 2025, in relation to the Demand Order dated December 15, 2025, received from the Office of the Additional Commissioner, CGST & Central Excise, Vadodara-I Commissionerate, pertaining to alleged excess claim of Input Tax Credit (“ITC”) for the Financial Year 2021-22. The Company had preferred an appeal against the aforesaid Demand Order. The Appellate Authority has, vide the present Order-in-Appeal, disallowed the appeal filed by the Company and upheld the Order-in-Original dated December 15, 2025. The Company is evaluating the order and appropriate legal remedy. The required details pursuant to sub-para 20 of Para A of Part A of Schedule III, are as follows: Sr. Particulars Details 1. Name of the authority Commissioner (Appeals), CGST & Central Excise (Appeals), Vadodara. 2. Nature and details of the The Appellate Authority, vide Order No. Order no. - ZD240926125469Z dated action(s) taken, initiated or September 28, 2026, has disallowed the appeal filed by the Company and order(s) passed; upheld the Order-in-Original No. VAD-GST-001-ADC-081-2025-26 dated December 15, 2025. Accordingly, the demand aggregating to INR 3,25,15,502 towards tax, along with applicable interest and penalty of INR 32,51,549, as confirmed under the said Order-in-Original, stands upheld as on date. 3. Date of receipt of direction The order came into the knowledge of compliance officer on September 28, or order, including any ad- 2026, at 2:21 p.m. (IST). interim or interim orders, or any other communication from the authority; Schneider Electric Infrastructure Limited Corporate Office: 15th Floor, DT-4, DLF Downtown, Phase 3, Sector 25A, Gurugram, Haryana – 122002 Tel. +91 9228078000 Registered Office: Milestone 87, Vadodara-Halol Highway, Village Kotambi, Post Office Jarod, Vadodara- 391510 Gujarat, India | Tel. +91 0266866200 CIN: L31900GJ2011PLC064420 schneider-infra.in 4. Details of The matter relates to alleged excess availment of ITC in Form GSTR-3B vis-à- violation(s)/contravention( vis ITC reflected in Form GSTR-2A/2B, under the heads “All Other ITC” and s) committed or alleged to “Import of Goods”, for the Financial Year 2021-22. The Appellate Authority held be committed; that the Company had not satisfactorily substantiated/reconciled the disputed differences through corroborative documentary evidence and accordingly upheld the demand under Section 73(9) of the CGST Act, 2017, along with consequential interest and penalty. 5. Impact on financial, There is no material impact on the financials, operations or other routine operation or other business activities. The impact will be limited to the extent of liability as per the activities of the listed Order. entity, quantifiable in monetary terms to the extent possible. We request you to kindly take the above submissions on your records. Yours Sincerely, For Schneider Electric Infrastructure Limited (Sumit Goel) Company Secretary and Compliance Officer Schneider Electric Infrastructure Limited Corporate Office: 15th Floor, DT-4, DLF Downtown, Phase 3, Sector 25A, Gurugram, Haryana – 122002 Tel. +91 9228078000 Registered Office: Milestone 87, Vadodara-Halol Highway, Village Kotambi, Post Office Jarod, Vadodara- 391510 Gujarat, India | Tel. +91 0266866200 CIN: L31900GJ2011PLC064420 schneider-infra.in