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.