NSEGeneral Updates28 Jun 2026 · 28 Jun 2026, 01:11 pm
General Updates
JK Cement Limited · JKCEMENT
✦ AI SummaryRegulatory
JK Cement Limited has informed the Exchange about General Updates regarding a GST demand order from the Additional Commissioner of State Tax, Patna, dated June 27, 2026. The order demands Rs. 3332100/- and confirms the tax demand of Rs. 49512/- along with applicable interest and penalty. The company believes it has a strong case on merits and will file an appeal before the GSTAT within 3 months.
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Governance Concern1/10
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JK Cement Limited has informed the Exchange about General Updates
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JKCEMENT_28062026131032_SEIntimationGSTDemandOrderinACROPaints.pdf
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JKCL/SE/2026-27/34 June 28, 2026
BSE Ltd. National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Fort, Mumbai-400001 Bandra (E), Mumbai-400051
Through: BSE Listing Centre Through: NEAPS
Scrip Code: 532644 Scrip Code: JKCEMENT
Sub: Intimation U/r 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”),
as amended – receipt of an order by JK Maxx Paints Limited, (Wholly Owned
Subsidiary) regarding a demand of GST in Acro Paints Ltd (now amalgamated with JK
Maxx Paints).
Dear Sir/Madam,
We wish to inform you that M/s JK Maxx Paints Limited has received an Order regarding GST
Demand in M/s Acro Paints Limited (Now amalgamated with JK Maxx Paints Ltd.) from the
Additional Commissioner of State Tax, Patna dated June 27, 2026.
The said information was received by the Company on June 27, 2026 at around 6.30 PM
(IST).
Disclosures in the prescribed format of SEBI Master Circular HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026 is attached herewith as Annexure - A
Kindly take the same on record.
Thanking you,
Yours faithfully,
For J. K. Cement Limited
Bhumika Sood
Company Secretary & Compliance Officer
M. No. ACS- 19326
Annexure-A
Sr. Particulars Details
1 Name of the Authority Additional Commissioner, State Tax, Patna
(Bihar)
2 Nature and details of the action(s) taken, Order issued for dropping the tax demand Rs
initiated or order(s) passed 3332100/- and confirmed the tax demand of Rs
49512/- along with applicable interest and penalty
of Rs 20000/-
3 Date of receipt of direction or order, Order received on June 27, 2026
including any ad-interim or interim
orders, or any other communication from
the authority
4 Details of the violation(s) Wrong availment of Input GST as not matched
/contravention(s) committed or alleged with GSTR 2B/2A
to be committed
5 Impact on financial, operation or other The order does not have major financial impact
activities of the listed entity, quantifiable on the Company. The contentions imposing
in monetary terms to the extent possible demand are not agreed and the Company
believes it has a strong case on merits.
Accordingly, Appeal shall be filed before the
GSTAT within 3 months from the date of receipt
of order
For J. K. Cement Limited
Bhumika Sood
Company Secretary & Compliance Officer
M. No. ACS- 19326