NSEGeneral Updates30 Sept 2026 · 30 Sept 2026, 08:04 pm
General Updates
Greenlam Industries Limited · GREENLAM
✦ AI SummaryRegulatory
Greenlam Industries Limited has received a Show Cause Notice from the Assistant Commissioner (ST), Government of Andhra Pradesh, regarding reversal of ineligible input tax credit amounting to Rs. 77349835 for the Financial Year 2022-23. The company is reviewing the SCN and evaluating appropriate legal recourse.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Greenlam Industries Limited has informed the Exchange about General Updates
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GREENLAMAW_30092026200411_Intimation_for_Show_Cause_notice_September_302026.pdf
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GREENLAM/2026-27
September 30, 2026
The Manager The Manager
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Exchange Plaza, Bandra Kurla Complex
Floor 25, P. J. Towers, Dalal Street Bandra (E)
Mumbai - 400 001 Mumbai - 400 051
Email: corp.relations@bseindia.com Email: cmlist@nse.co.in
BSE Scrip Code: 538979 NSE Symbol: GREENLAM
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 (“Listing Regulations”): Intimation regarding receipt of Show Cause Notice
Dear Sir/ Madam,
Pursuant to the provisions of Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the Listing
Regulations, we would like to inform you regarding the receipt of Show Cause Notices as per the relevant details as
follows:
Sl. Particulars Details
1. Name of the authority Assistant Commissioner (ST), (Chittoor), (TIRUPATI-II),
Government of Andhra Pradesh
2. Nature and details of the action(s) Show Cause Notice in FORM GST DRC-01 Vide ref
taken, initiated or order(s) passed ZD370926057919G dated 29.09.2026 for reversal of input tax credit
which is ineligible under Section 17 of CGST/APGST Act 2017 for
the Financial Year 2022-23
3. Date of receipt of direction or order September 29, 2026
4. Details of the violation(s) / Greenlam Limited, a wholly owned subsidiary of the Company, has
contravention(s) committed or been show caused under section 73 of CGST/APGST Act 2017 to pay
alleged to be committed the alleged ineligible input tax credit amounting to Rs. 77349835
along with applicable interest and penalty or to raise objection within
30 days
5. Impact of financial, operation or The Company is reviewing the SCNs and evaluating appropriate legal
other activities of the Listed entity, recourse. The Company is hopeful of a favourable outcome thereof
quantifiable in monetary terms to the and therefore does not expect to have any material impact on the
extent possible financials or operations of the Company
You are requested to take the above information on records.
Thanking you,
Yours faithfully,
For Greenlam Industries Limited
Prakash Kumar Biswal
Company Secretary &
Senior Vice President – Legal