NSEAction(s) taken or orders passed6d ago · 8 Oct 2026, 07:21 pm
Action(s) taken or orders passed
Mangalam Cement Limited · MANGLMCEM
✦ AI Summary▼ NegativeRegulatory
Mangalam Cement Limited has received an order from the Deputy Commissioner, Central GST Division, Kota Rural, alleging wrongful availing of Input Tax Credit (ITC) of ₹ 0.90 Crore. The company intends to file an appeal under Section 107 of the CGST Act, 2017.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment3/10
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Mangalam Cement Limited has informed the Exchange about Action(s) taken or orders passed
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MANGLMCEM_08102026192109_NSEBSEREG30S.pdf
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MCL/SEC/2026-27
8th October, 2026
The Corporate Relations Department The Corporate Relations Department
The National Stock Exchange of India Ltd. Department of Corporate Services
Exchange Plaza, 5th Floor, BSE Limited
Plot No. C/1, G-Block 25th Floor
Bandra-Kurla Complex Phiroze Jeejeebhoy Towers
Bandra (E), Mumbai 400 051 Dalal Street, Mumbai – 400 001
Security Code : MANGLMCEM Scrip Code: 502157
Sub: Disclosure under Regulation 30 of the 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 (“LODR Regulations”) read with Para A (20) of Part A of Schedule III thereof,
we wish to inform that the Company has received an Order passed by the Deputy Commissioner,
Central GST Division, Kota Rural, in relation to the alleged wrong availement of Input Tax Credit
(“ITC”) of ₹ 0.90 Crore. (IGST).
The required details under SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31st December, 2024
read with SEBI Circular No., SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 dated July 13, 2023 is
enclosed as per Annexure “A”.
The information is being submitted to the Exchanges pursuant to information received by the
Company Secretary and Compliance Officer on 8th October, 2026.
You are requested to kindly take the same on record.
Thanking You,
Yours faithfully,
For Mangalam Cement Limited
Pawan Kumar Thakur
Company Secretary & Compliance Officer
ANNEXURE “A”
SL. Particulars Details
1 Name of the Authority Deputy Commissioner, Central GST Division, Kota Rural
2 Nature and details of the An Order has been passed confirming demand of wrongly availed ITC of ₹
action(s) taken, initiated or 0.90 Crore (IGST) under Section 74(9) of the CGST Act, 2017, along with
orders passed by the applicable interest under Section 50 of the CGST Act, 2017.
Authority
A penalty of ₹ 0.90 Crore under Section 74, ₹ 0.90 Crore under Section
122(1)(x) and ₹ 0.90 Crore under Section 122(1)(xvii) of the CGST Act,
2017 has been imposed on the Company.
3 Date and time of receipt of Order dated 7th October, 2026, received by the Company Secretary &
direction or order including Compliance Officer on 8th October, 2026.
any ad-interim or interim
orders or any other
communication from the
authority
4 Details of the violation(s) The Order alleges that the Company had wrongly availed ITC of ₹ 0.90
/contravention(s) Crore on the basis of an invoice issued by a service provider in contravention
committed or alleged to be of the provisions of Section 16 of the CGST Act, 2017.
committed
5 Impact on financial, The Order, if sustained, would have a financial impact to the extent of ₹ 2.70
operation or other activities Crore. There is no impact on the operations or business activities of the
of the Listed Entity, Company.
quantifiable in monetary
terms to the extent possible The Company is examining the Order and the available legal remedies and
intends to file an appeal under Section 107 of CGST Act, 2017 within three
months from the date of receipt of the Order.