NSEAction(s) initiated or orders passed1d ago · 23 Jul 2026, 07:47 pm
Action(s) initiated or orders passed
Blue Dart Express Limited · BLUEDART
✦ AI Summary▼ NegativeRegulatory
Blue Dart Express Limited has received a show cause notice from the Assistant Commissioner of State Tax under the IGST/CGST/SGST Act, 2017, alleging ineligible ITC and under-declaration of contravention, with a total demand of Rs. 21,03,58,038 plus interest and penalty.
Analysis Scores
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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Full Announcement
Blue Dart Express Limited has informed the Exchange about Action(s) initiated or orders passed
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July 23, 2026
BSE Limited National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G
Dalal Street, Fort Bandra Kurla Complex, Bandra East,
Mumbai – 400 001 Mumbai – 400 051
Scrip Code - 526612 NSE Symbol - BLUEDART
Dear Sir / Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure
Requirements) Regulations, 2015
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations &
Disclosure Requirements) Regulations), 2015, we would like to inform you that the
Company has received Order from Office of the Commissioner, Central GST.
The requisite information as per Para A of Part A of Schedule III under Regulations 30
of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 is given
as Annexure A.
A copy of this intimation is also being made available on the website of the Company
at www.bluedart.com.
Kindly take the above on your records.
Thanking you,
Yours faithfully,
For Blue Dart Express Limited
Tushar Gunderia
Head (Legal & Compliance) &
Company Secretary
Annexure - A
Information pursuant to Para A of Part A of Schedule III under Regulations 30 of
SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015
Name of the authority Assistant Commissioner of State Tax
Nature and details of the Show Couse Notice issued in Form GST DRC – 01 under
action(s) taken or section 73 of IGST/CGST/SGST Act, 2017
order(s) passed
Date of receipt of July 22, 2026
direction or order,
including any ad-interim
or interim orders, or any
other communication
from the authority
Details of the
violation(s)/ Alleged excess availment of ITC and Under-declaration of
contravention(s) Ineligible ITC
committed or alleged to
be committed
Impact on financial, Show cause notice raised aggregating to Rs.
operation or other 21,03,58,038/- plus interest Rs. 14,42,26,280/- plus
activities of the listed penalty u/s 73 of Rs. 2,10,35,804/- for FY 2022-23
entity, quantifiable in
monetary terms to the The Company will analyse the contents of the notice and
extent possible will furnish response.