BSECompany Update1d ago · 2 Oct 2026, 10:10 am

This correspondence is in connection to Reg. 30 of the SEBI (Listing Obligations and Disclosure Requirements) regulations, 2015, on the Demand and Show Cause Notice received by the Company, as annexed.

Aether Industries Ltd · 543534

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Aether Industries Ltd has received a Demand and Show Cause Notice from the Additional Commissioner (AE), CGST & Central Excise Commissionerate, Surat worth Rs. 4,26,16,311/-, disallowing tax credit availed over various expenses made during FY 2020-21 and FY 2021-22. However, the proceedings have been dropped by the Authority through an Order issued on October 1, 2026, considering the availed tax-credit fair and legitimate.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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Aether Industries Ltd - 543534 - Update On Demand And Show Cause Notice

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October 2, 2026 Ref. No.: AIL/SE/3/2026-27 - Update BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E), Mumbai-400001, MH. Mumbai-400051, MH. Scrip Code: 543534 Symbol: AETHER Dear Madam / Sir, Subject: Update on Demand and Show Cause Notice This correspondence is in accordance to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended from time to time, and further to our previous correspondence on April 24, 2026, having the Reference No.: AIL/SE/3/2026-27, on receipt of the Demand and Show Cause Notice from the Additional Commissioner (AE), CGST & Central Excise Commissionerate, Surat worth Rs. 4,26,16,311/- (Rupees Four Crores Twenty-six Lakhs Sixteen Thousand Three Hundred Eleven only), additionally the interest thereon, disallowing tax credit availed over various expenses made during the FY 2020-21 and FY 2021-22, towards the Initial Public Offer (IPO) of the Company. We herewith inform that the said proceedings has been dropped by the Authority through their Order issued on October 1, 2026, considered the availed tax-credit fair and legitimate, without bearing any financial implications to the Company. We request you to kindly take the information on your records. Thank you. For Aether Industries Limited Chitrarth Rajan Parghi Company Secretary & Compliance Officer Mem. No.: F12563 Page 1 of 1 Aether Industries Limited Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India. Phone: +91-261-6603000 || Email: compliance@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434