NSEGeneral Updates29 Sept 2026 · 29 Sept 2026, 06:06 pm

General Updates

Vikran Engineering Limited · VIKRAN

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Vikran Engineering Limited has received a Show Cause Notice from the Office of Deputy Commissioner, State Tax, Circle-Vaishali Nagar, Jaipur-IV, under section 73, 50, 16, 122, 59, 160 of RGST ACT 2017 read with CGST ACT 2017 read with section 20 of IGST ACT 2017, for GST TDS Turnover Mismatch for FY 2022-23, with a tax demand of Rs. 45,079,720.00, interest of Rs. 28,389,108.00, and penalty of Rs. 4,507,972.00.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment2/10

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VIKRAN123_29092026180632_Intimation_of_SCN-Rajasthan_Case_II.pdf

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Date: 29th 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 Show Cause Notice (“SCN”) in Form GST DRC- 01A having Ref. No. ZD080926093782O dated 29th September, 2026 and received on the same day, issued by the Office of Deputy Commissioner, State Tax, Circle-Vaishali Nagar, Jaipur-IV, under section 73, 50, 16, 122, 59, 160 of RGST ACT 2017 read with CGST ACT 2017 read with section 20 of IGST 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 Deputy Commissioner, State Tax, Circle- Vaishali Nagar, Jaipur-IV 2 Nature and details of the action(s) taken Nature - Show Cause Notice (“SCN”) in Form GST or order(s) passed DRC-01A under section 73, 50, 16, 122, 59, 160 of RGST ACT 2017 read with CGST ACT 2017 read with section 20 of IGST ACT 2017. Period involved – FY 2022-23 Tax demand raised - Rs. 45,079,720.00 Interest-Rs. 28,389,108.00 Penalty raised - Rs. 4,507,972.00 3 Date of receipt of direction or order, 29th September, 2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ GST TDS Turnover Mismatch contravention(s) committed or alleged to be committed 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 file the detailed objections/reply against the show cause notice issued before State Tax Officer and has a strong case on merits.