BSECompany Update1d ago · 1 Oct 2026, 05:39 pm

We would like to inform you that the Company has received a GST demand order from the Office of Superintendent, Range IV, Division IV, Central GST, Ahmedabad South. The details required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure A.

KEI Industries Ltd · 517569

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KEI Industries Ltd has received a GST demand order from the Office of Superintendent, Range IV, Division IV, Central GST, Ahmedabad South, for Rs. 8,55,352, related to non-payment of tax on unbilled revenue during FY 2022-23. The company is evaluating options, including filing an appeal against the demand order.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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KEI Industries Ltd - 517569 - Disclosure Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations, 2015

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KEI Industries Limited Registered and Corporate Office: D-90, Okhla Industrial Area, Phase-1, New Delhi- 110020 CIN: L74899DL1992PLC051527 Tel.: +91-11-26818840/8642/0242, Email: info@kei-ind.com Website: www.kei-ind.com Date: 01.10.2026 The Manager, The Manager, Listing Operation, Listing Division, BSE Limited, The National Stock Exchange of India Ltd., 25th Floor, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Fort, Mumbai- 400 001 Bandra Kurla Complex, Bandra (E), Mumbai – 400 Scrip Code: 517569 051 NSE Symbol: KEI Sub: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, We would like to inform you that the Company has received a GST demand order from Office of Superintendent, Range –IV, Division-IV, Central GST, Ahmedabad South. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure - A. This is for your information and records. Thanking You, Yours faithfully, (Rajeev Gupta) Executive Director (Finance) & CFO KEI Industries Limited Registered and Corporate Office: D-90, Okhla Industrial Area, Phase-1, New Delhi- 110020 CIN: L74899DL1992PLC051527 Tel.: +91-11-26818840/8642/0242, Email: info@kei-ind.com Website: www.kei-ind.com Annexure-A Disclosure as per Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026: Sr. Disclosure Details. No. Requirements 1 Name of the Authority Superintendent, Range-IV, Division-IV, Central GST, Ahmedabad South. 2 Nature and details of the Demand Order for Tax of Rs. 8,55,352/- u/s 74(9) along with action(s) taken or applicable interest u/s 50 (1) and penalty of Rs. 8,55,352/- order(s) passed u/s 74 of the CGST/GGST Act, 2017. 3 Date of receipt of 30th September, 2026 communication from the authority. 4 Details of the violation(s) The authority has raised GST demand for Non-Payment of / contravention(s) Tax on unbilled Revenue during the financial year 2022-23. committed or alleged to be committed 5 Impact on financial, Based on Company’s assessment, the aforesaid demand is operation or other not maintainable and the Company is evaluating all options activities of the listed including filing an appeal against the demand order. The entity, quantifiable in Company did not envisage any relevant impact on monetary terms to the financials, operations or other activities of the Company. extent possible