NSEGeneral Updates1d ago · 23 Jul 2026, 04:54 pm

General Updates

Graphite India Limited · GRAPHITE

✦ AI SummaryRegulatory

Graphite India Limited has received an order from the Additional Commissioner (Appeals), State Tax, LTU, regarding excess availing of Input Credit under the CGST/WBGST Act, 2017, with a tax demand of Rs. 35,98,869, interest of Rs. 35,52,232, and penalty of Rs. 3,59,886. The company believes the impact on its financials is minimal and plans to appeal against the order.

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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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Graphite India Limited has informed the Exchange about General Updates

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GILKOLKATA_23072026165402_ST_EXCH_FORWARDING_LETTER_GST.pdf

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GIL/SEC/SM/26-27/41 Date: 23.07.2026 BSE Limited, National Stock Exchange of India Limited, Floor 25, P. J. Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Bandra (E) Mumbai – 400001. Mumbai – 400051. Scrip Code: 509488 Scrip Code: GRAPHITE Dear Sirs, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Pursuant to the provisions of Regulation 30 of SEBI Listing Regulations, 2015, we write to inform you that the Company received order from Additional Commissioner (Appeals), State Tax, LTU. The details as required under SEBI Listing Regulations, 2015 and SEBI Master Circular No. HO/49/14/14/(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 (as amended from time to time) are enclosed as Annexure A. Kindly take the same at your record. Thanking you, For Graphite India Limited S. Marda Company Secretary ACS 14360 “Annexure A” Disclosure under Regulation 30 read with Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015 read with SEBI Circulars Sr Particulars Information / Remarks 1. Name of the Authority Additional Commissioner (Appeals), State Tax, 2. Nature and details of the action(s) ORDER U/S 73 OF THE CGST/WBGST ACT, 2017 taken or order(s) passed. Order no. - ZD190726031936W ; Date of Order: 20-07-2026 3. Date of receipt of direction or 20-07-2026 order, including any ad-interim or interim orders, or any other communication from the authority 4. Details of the violation(s) / The appeal has been partially allowed and order contravention(s) committed or modified as under alleged to be committed. Excess availment of Input Credit Summary of Tax Demand, interest and penalty are as under: Tax (IGST+CGST+SGST) - Rs. 35,98,869 Interest- (IGST+CGST+SGST) -Rs. 35,52,232 Penalty- (IGST+CGST+SGST) - Rs. 3,59,886 5. Impact on financial, operation or Based on the prevailing law and judgement of various other activities of the listed entity, courts, the Company understands that it has availed quantifiable in monetary terms to only eligible ITC based on valid documents in its the extent possible. possession. There is no material impact of such demand on the Company's financials. The Company is reviewing the order and shall prefer an appeal with appropriate authority against this order.