NSEGeneral Updates1d ago · 2 Oct 2026, 10:13 am
General Updates
Aether Industries Limited · AETHER
✦ AI SummaryRegulatory
Aether Industries Limited 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 the FY 2020-21 and FY 2021-22. However, the proceedings have been dropped by the Authority through their 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 Impact6/10
Market Sentiment5/10
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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, as annexed.
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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