BSECompany Update13 Oct 2026 · 13 Oct 2026, 06:05 pm

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

JK Tyre & Industries Ltd · 530007

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JK Tyre & Industries Ltd has received a Show Cause Notice (SCN) from the Deputy Commissioner (ST) III, GST, Large Taxpayers Unit, Chennai-35, regarding alleged discrepancies in classification of supplies under HSN/SAC codes, excess valuation of input Tax Credit (ITC), mismatch between GSTR 2A vs 3B, ineligible ITC, and deemed supplies. The SCN demands Rs. 94.86 crs, comprising Tax of Rs. 55.12 crs, Interest of Rs. 34.23 crs, and Penalty of Rs. 5.51 crs.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact2/10
Market Sentiment4/10

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JK Tyre & Industries Ltd - 530007 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015

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& INDUSTRIES LTD, JKTIL:SECTL:SE:2026 Date: 13thO ctober 2026 BSE Ltd National Stock Exchange of India Ltd Phiroze JeejeebhoyTowers, Exchange Plaza, C -1, Block-G DalaI Street Bandra -Kurla Complex Mumbai-400 001 Bandra (E), Mumbai –400 051 ScriD Code: 530007 Symbol: JKTYRE Dear Sir, Re. Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,2 015 read with relevant SEBI circular, we hereby inform about the Show Cause Notice (SCN) uploaded on GSTP ortal on 29th September 2026 issued by Deputy Commissioner (ST) III, GST, Large Taxpayers Unit, Chennai-35, the details of which are given in Annexure A. Thanking you, Yours faithfully, For JK Tyre & Industries Ltd. (Kamal Kumar Manik) iT’"* Admin. Off.: 3, Bahadur Shah Zafar Marg, New Delhi-110 002, Phone: 91-11-660011126, 6001122 Regd. Off.: Jaykaygram. PO - Tyre Factory, Kankroli . 313342 (Rajasthan), Fax : 02952-232018, Ph, : 02952-233400 / 233000 VIKRANT Website : www.jkVre.com CIN : L67120RJ1951PLC045966 JKTYn= & INDUSTRIESIT D. Annexure A Sr. I Particulars Details t [K Tyre & Industries Ltd. 2 t m 29" September 2026 3 Date of receipt of l cornrnunrcatron 129tSh eptember2 026. 4 Authority from whom e communication received :hennai -35, 5 Brief summary of the material a contents of the communication lssessment proceedings, including incorrec received, including reasons for :lassification of supplies under HSN/SAC codes, excess receipt of the communication lvailment of input Tax Credit (ITC), mismatch between GSTR 2A vs 3B, ineligible ITC, additionally, certain transactions treated as deemed supplies, such as recoveries from employees and reimbursements etc. demand of R 94.86 crs has been raised under Section 73 o the GSTA ct, 2017, comprising Tax of R 55.12 crs, Interest o, 34.23 crs and Penalty of { 5.51 crs. 6 Period for which communication FY2 022-23 would be applicable, if stated 7 ) 1 on the listed company, if any there are no actual discrepancies,a s alleged in the notice. Since these allegations are yet to be adjudicated, the actua outcome/impact will be known only thereafter, compliances identified by the authority in the communication 9 s Nailsg iveni: restriction or sanction imposed point no. 5 above. pursuant to the communication 10 c d defensibl company with respect to the positionsa gainstt he observationsra ised in the Sho' communication Cause Notice (SCN). The Company is examining the Noticl and adequate response will be submitted to the GS' Authority within due time. 11 r c Company was reviewing the details of SCN and it: implications, if any.