NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company1d ago · 1 Oct 2026, 05:46 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Skipper Limited · SKIPPER
✦ AI SummaryLitigation
Skipper Limited has informed the Exchange about a show cause notice from the Assistant Commissioner Office of The State Tax (GST) Bhubneshwar II, Odisha, proposing a demand of Rs. 2,27,53,28,966/- against the Company in relation to the mismatch in GSTR 1, GSTR-2A and GSTR-3B.
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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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Skipper Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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SKPL/SECT/2026-27/87
Date: 1st October, 2026
The Manager The Manager
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Dalal Street
Plot No. C/1, G Block Mumbai-400 001
Bandra Kurla Complex, Bandra (E) (Scrip Code- 538562)
Mumbai - 400 051
(Symbol- skipper)
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, (‘the Listing Regulations’) this is to inform that the Assistant Commissioner Office of The State
Tax (GST) Bhubneshwar II, Odisha, had issued a show cause notice u/s 73 of CGST/OGST Act, 2017
vide ref. no. ZD210926037570H dated 30th September, 2026, proposing a demand of Rs.
2,27,53,28,966/- against the Company in relation to the mismatch in GSTR 1, GSTR-2A and GSTR-3B.
The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January,
2026 are enclosed as Annexure A.
This intimation will also be available on the website of the Company
https://www.skipperlimited.com/.
We request you to take the above information on record.
Thanking you,
Yours faithfully,
For Skipper Limited
Anu Singh
Company Secretary & Compliance Officer
Annexure A
Particulars Details
1. Brief details of litigation viz. Assistant Commissioner Office of The State Tax (GST)
name(s) of the opposing party, Bhubneshwar II, Circle: Bhubneshwar, Odisha, had
court/ tribunal/agency where issued a show cause notice u/s 73 of CGST/OGST Act,
litigation is filed, brief details of 2017 vide ref. no. ZD210926037570H dated 30th
dispute/litigation. September, 2026, proposing a demand of ₹
2,27,53,28,966/- against mismatch in GSTR 1, GSTR-2A
and GSTR-3B
2. Expected financial implications, if The proposed demand is wholly disputed and is based
any, due to compensation, penalty on erroneous findings and an incorrect appreciation of
etc.; the facts and applicable provisions of law. The Company
has strong and substantive grounds to contest the said
demand and does not accept the liability proposed
therein. Accordingly, the amount stated in the notice
does not represent an ascertained liability or any
expected financial outflow for the Company. The
Company will take all appropriate legal remedies against
the said demand. Consequently, there is no material
impact on the financial position, operations or other
activities of the Company on account of the said notice
3. quantum of claims, if any NA