NSEAction(s) taken or orders passed6 Oct 2026 · 6 Oct 2026, 05:59 pm

Action(s) taken or orders passed

TVS Srichakra Limited · TVSSRICHAK

✦ AI SummaryRegulatory

TVS Srichakra Limited has informed the Exchange about an order received from the State Tax Officer, Rudrapur, Uttarakhand, on October 5, 2026, regarding the detention of a vehicle transporting goods without a valid e-Way Bill. The Department has imposed a penalty of Rs.10.71 lakh on the Company, which is evaluating legal remedies.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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TVS Srichakra Limited has informed the Exchange about Action(s) taken or orders passed by the Office of the State Tax Officer, Rudrapur, Uttarakhand on 05.10.2026.

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TVSSRICHAK_06102026175847_SE_Intimation_for_Penalty_under_Regulation_30.pdf

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REF:TSL:SEC:2026/170 October 06, 2026 National Stock Exchange of India Ltd., BSE Limited 5th Floor, Exchange Plaza, P J Towers, Bandra (E), Dalal Street Fort, Mumbai - 400 051 Mumbai 400 001 Scrip Code: TVSSRICHAK Scrip Code: 509243 by NEAPS by Listing Centre Sub: Intimation under Regulation 30 of 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 ("SEBI Listing Regulations"), we hereby inform you that the Company received an Order on 5th October, 2026 from the Office of the State Tax Officer, Rudrapur, Uttarakhand. The detailed disclosures as required under Regulation 30 of the SEBI Listing Regulations, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, are enclosed herewith as Annexure A. Kindly take the above information on record. Thanking you Yours faithfully For TVS SRICHAKRA LIMITED Chinmoy Patnaik Company Secretary & Compliance Officer Membership No. A14724 Encl.: As above TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300 Annexure A Disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 Sr. No Particulars Details of the event 1. Name of the Authority. State Tax Officer, Rudrapur, Uttarakhand 2. Nature and details of the action(s) The Company has received an order from taken, initiated or order(s) passed. the State GST Department in connection with the detention of a vehicle transporting goods. The proceedings were initiated on the ground that the e-Way Bill generated for the consignment by the supplier was subsequently rejected/cancelled by the recipient due to an inadvertent error, resulting in the movement of goods without a valid e-Way Bill at the time of inspection. Pursuant to the said proceedings, the Department has imposed a penalty on the Company. 3. Date of receipt of direction or order, 05th October 2026 at 8:47 P.M. including any ad-interim or interim orders, or any other communication from the Authority. 4. Details of the violation(s) / The Department has found that the goods contravention(s) committed or were transported without a valid e-Way Bill alleged to be committed. at the time of interception, as the e-Way Bill generated for the consignment had been cancelled/rejected. Accordingly, the Department treated the accompanying documents as non-compliant with the applicable GST provisions governing movement of goods. 5. Impact on financial, operation or A penalty of Rs.10.71 lakh has been other activities of the listed entity, imposed by the Department. The quantifiable in monetary terms to the Company is evaluating appropriate legal extent possible. remedies, including filing an appeal before the competent appellate authority. The Company does not expect any material impact on its operations arising from the said order. TVS Srichakra Limited CIN: L25111TN1982PLC009414 Regd. Office: TVS Building, 7-B, West Veli Street, Madurai 625 001. Tel:+91 0452 2356400, Fax: +91 0452 2443466 I Website: www.tvseurogrip.com I secretarial@eurogriptyres.com Manufacturing Unit: Vellaripatti, Melur Taluk, Madurai-625 122, Tel:+91 452 2443300