NSEAction(s) taken or orders passed6 Oct 2026 · 6 Oct 2026, 09:08 pm
Action(s) taken or orders passed
A-One Steels India Limited · AONESTEELS
✦ AI SummaryRegulatory
A-One Steels India Limited has received an order from the Assistant Commissioner / Officer (ST) under Section 74 (1) of the CGST / APGST Act, 2017, disallowing excess claim of ITC and tax on corporate guarantee under GST Audit, with a tax demand of ₹39,11,016 and interest and penalty of ₹95,30,874.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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A-One Steels India Limited has informed the Exchange about Action(s) taken or orders passed
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AONESTEELS_06102026210819_SE_Intimation__Regulation_30Signed.pdf
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October 06, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, 20th Floor, P.J. Towers,
Bandra Kurla Complex, Bandra (E), Dalal Street,
Mumbai – 400 051 Mumbai – 400 001.
NSE Scrip Symbol: AONESTEELS BSE Scrip Code: 544952
Dear Sir/ Madam,
Sub: Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 – Receipt of Order under Section 74 (1) of the CGST
/ APGST Act, 2017
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we hereby inform you that the Company has received Order in Form GST DRC-07 under Section
74 (1) of the GST Act, 2017 from the Office of the Assistant Commissioner / Officer (ST), Hindupur
Circle, Ananthapuramu Division, Andhra Pradesh.
The aforesaid order was dated September 24, 2026, however the same were received through speed post
at the factory outlet of the company and subsequently, the same were received at the registered office of
the company on October 06, 2026 due to statutory/weekly holidays on 02, 03 and 04 October. 2026 at
our factory outlet.
Moreover, the Company is assessing the legal grounds and will take appropriate steps, including filing
an appeal before the appellate authority within the stipulated timeline.
Furthermore, the details required under Regulation 30 of the SEBI Listing Regulations read along with
the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026,
are enclosed herewith as Annexure 1
Kindly take the above information on record.
Thanks & Regards,
For A-One Steels India Limited
Pooja Sara Nagaraja
Company Secretary and Compliance Officer
Membership No: A52496
Annexure 1: Required Disclosures
Particulars Details / Information
Assistant Commissioner / Officer (ST),
1. Name of the Authority Hindupur Circle, Ananthapuramu Division,
Andhra Pradesh
Nature and details of the action(s) Disallowance/ Excess claim of ITC and tax on
taken or order(s) passed corporate guarantee under GST Audit
Date of receipt of direction or order, Order dated September 24, 2026. However
including any ad-interim or interim order received late on October 01, 2026 at the
orders, or any other communication company factory and received at the registered
from the authority office on October 06, 2026
Alleged Disallowance/ Excess claim of ITC
Details of violation(s) / contravention
and tax on corporate guarantee under GST
4. (s) committed or alleged to be
Audit. Tax imposed under the order is
Committed
39,11,016/-
Financials: Demand is limited to the tax,
Impact on financial, operation or other
interest, and penalty of ₹95,30,874.
activities of the listed entity,
quantifiable in monetary terms to the
Operations: No impact on the regular business
extent possible
operations or activities of the Company.