NSEAction(s) initiated or orders passed27 Jun 2026 · 27 Jun 2026, 07:34 pm

Action(s) initiated or orders passed

Sterling and Wilson Renewable Energy Limited · SWSOLAR

✦ AI SummaryRegulatory

Sterling and Wilson Renewable Energy Limited has received a revised tax demand from the Assistant Commissioner, CGST, Vijayawada, Andhra Pradesh, for the period from April 2018 to March 2023, aggregating to INR 2.97 crore, excluding interest and penalty.

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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Sterling and Wilson Renewable Energy Limited has informed the Exchange that Assistant Commissioner, CGST, Vijayawada, Andhra Pradesh, vide its order dated June 18, 2026 (received by the Company on June 26, 2026) has revised the demand pertaining to the shortfall in tax payment and mismatch of input tax credit for the period from April 2018 to March 2023. The revised demand aggregates to INR 2.97 crore (excluding applicable interest and penalty), as compared to the earlier demand of INR 2.96 crore (excluding applicable interest and penalty).

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SWSOLAR_27062026193326_IndirectTaxReg30Disclosure27062026.pdf

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June 27, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 542760 Symbol: SWSOLAR Sub.: Disclosure of information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Ref.: SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated February 25, 2025 Dear Sir/ Ma’am In continuation of our disclosure dated December 20, 2025, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Assistant Commissioner, CGST, Vijayawada, Andhra Pradesh, vide its order dated June 18, 2026 (received by the Company on June 26, 2026) has revised the demand pertaining to the shortfall in tax payment and mismatch of input tax credit for the period from April 2018 to March 2023. The revised demand aggregates to ~ INR 2.97 crore (excluding applicable interest and penalty), as compared to the earlier demand of ~ INR 2.96 crore (excluding applicable interest and penalty). The company is in the process of evaluating the order and deciding the future course of action In respect of the captioned matter, I, the undersigned, state and declare that the information and details provided in Form A, in compliance with Regulation 30(13) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, is true, correct and complete to the best of my knowledge and belief. Yours faithfully, For Sterling and Wilson Renewable Energy Limited Ajit Pratap Singh. Chief Financial Officer Date: June 27, 2026 Place: Mumbai Email ID: ir@sterlingwilson.com Encl: As above Sterling and Wilson Renewable Energy Limited Regd. Office: Universal Majestic, 9th Floor, P. L. Lokhande Marg, Chembur (W), Mumbai - 400043 Phone: (91-22) 25485300 | Fax: (91-22) 25485331 | CIN: L74999MH2017PLC292281 Email: info@sterlingwilson.com | Website: www.sterlingandwilsonre.com Form A Disclosure by Sterling and Wilson Renewable Energy Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sr. Particulars Details 1 Name of the listed company Sterling and Wilson Renewable Energy Limited (“the Company”) 2 Type of communication received Order dated June 18, 2026 (received by the Company on June 26, 2026) 3 Date of receipt of communication June 26, 2026 4 Authority from whom communication Assistant Commissioner of CGST, Vijayawada, received Andhra Pradesh (“GST authorities”) 5 Brief summary of the material contents GST authorities has, vide order dated June 26, of the communication received, 2026, revised the demand pertaining to the including reasons for receipt of the shortfall in tax payment and mismatch of input tax communication credit for the period from April 2018 to March 2023. The revised demand aggregates to ~ INR 2.97 crore (excluding applicable interest and penalty), as compared to the earlier demand of ~ INR 2.96 crore (excluding applicable interest and penalty) 6 Period for which communication would Apr’18 to Mar’23 (5 Financial Years) be applicable, if stated 7 Expected financial implications on the There is no material impact on the Company listed company, if any 8 Details of any aberrations/ non- Refer to point no. 5 compliances identified by the authority in the communication 9 Details of any penalty or restriction or Refer to point no. 5 sanction imposed pursuant to the communication 10 Action(s) taken by listed company with The Company is in the process of evaluating the respect to the communication contents of the Order 11 Any other relevant information - Sterling and Wilson Renewable Energy Limited Regd. Office: Universal Majestic, 9th Floor, P. L. Lokhande Marg, Chembur (W), Mumbai - 400043 Phone: (91-22) 25485300 | Fax: (91-22) 25485331 | CIN: L74999MH2017PLC292281 Email: info@sterlingwilson.com | Website: www.sterlingandwilsonre.com