NSEAction(s) initiated or orders passed28 Sept 2026 · 28 Sept 2026, 06:25 pm

Action(s) initiated or orders passed

Kirloskar Oil Engines Limited · KIRLOSENG

✦ AI SummaryRegulatory

Kirloskar Oil Engines Limited has received a Show Cause Notice from the Deputy Commissioner of Commercial Taxes, Bengaluru, for tax demand, interest, and penalty for ITC Mismatch & HSN misclassification for the FY 2022-23.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment3/10

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Kirloskar Oil Engines Limited has informed the Exchange about Action(s) initiated or orders passed

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KIRLOSENG_28092026182447_SE_Intimation_FinesandPenalties.pdf

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Date: 28th September 2026 BSE Scrip Code: 533293 NSE Scrip Code: KIRLOSENG To To Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Ltd. 1st Floor, Rotunda Building, Exchange Plaza, C -1, Block G, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai – 400 051 Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including amendments thereunder Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including amendments thereunder read with Master Circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026, this is to inform you that, the Company has received a Show Cause Notice under Section 73 of Central Goods and Services Tax Act, 2017 and of the Karnataka Goods and Services Tax Act, 2017, dated 28th September 2026 from the Deputy Commissioner of Commercial Taxes, Bengaluru, imposing tax demand, Interest and penalty for ITC Mismatch & HSN misclassification for the FY 2022-23. The requisite disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 including amendments thereunder is enclosed herewith as Annexure A. You are requested to take the same on your record. Thanking you, Yours faithfully, For Kirloskar Oil Engines Limited Farah Irani Company Secretary and Compliance Officer Annexure A Information as required under Regulation 30 - Part A of Para A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 including amendments thereunder Sr. No. Particulars Description 1 Name of the authority Deputy Commissioner of Commercial Taxes, Bengaluru 2 Nature and details of the action(s) Order for demand of: taken or order(s) passed; • Tax of Rs. 4,91,06,051/- • Interest of Rs. 3,66,36,682/- • Penalty of Rs. 49,10,606/- 3 Date of receipt of direction or order, 28th September 2026 including any ad-interim or interim orders, or any other communication from the authority; 4 Details of the ITC Mismatch & HSN misclassification for the FY violation(s)/contravention(s) 2022-23 committed or alleged to be committed 5 Impact on financial, operation or other The Company does not foresee any material activities of the listed entity, impact on its financial, operations or other quantifiable in monetary terms to the activities and the Company is in process of filing extent possible a necessary reply before the appropriate authority within prescribed timelines.