BSECompany Update17h ago · 24 Oct 2026, 10:14 pm
Disclosure under regulation 30 of the SEBI LODR Regulations, 2015
Coromandel International Ltd · 506395
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Coromandel International Ltd has disclosed an order passed by the Additional Commissioner, Office of the Commissioner, Vadodara, Central GST, confirming a demand of Rs. 2,50,82,496/- on account of alleged wrongful availment and utilisation of ITC. The company believes it has a strong case to defend and has preferred an appeal.
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Coromandel International Ltd - 506395 - Disclosure Under Regulation 30 Of The SEBI LODR Regulations, 2015
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Ref. no: 2026-27/043 October 24, 2026
National Stock Exchange of India Limited BSE Limited,
Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex, Dalal Street,
Bandra (E), Mumbai 400 051 Mumbai 400 001.
Symbol: COROMANDEL Scrip Code: 506395
Dear Sirs / Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015
We wish to submit the disclosure regarding the Order passed by the Additional Commissioner, Office
Of The Commissioner, Vadodara,Central GST.
The necessary details in the regard as specified under the SEBI Listing Regulations are enclosed in the
Annexure.
We request you to take this submission on record.
Thanking you,
Yours truly,
For Coromandel International Limited
B Shanmugasundaram
Company Secretary & Compliance Officer
Encl.: a/a
Annexure
Name of the authority Additional Commissioner, Office Of The Commissioner,
Vadodara-II, Central GST
Nature and details of the action(s) taken or Order-in-Original for FY 2021-22 to FY 2024-25 under
order(s) passed Section 74 of the Central GST / Gujarat GST Act, 2017 read
with corresponding provisions of the IGST Act, 2017 for tax
amounting to Rs. 2,50,82,496/- along with equivalent
penalty and applicable interest.
Date of receipt of communication from the 23rd October 2026
authority
Details of the violation(s)/contravention(s) The Order has confirmed a demand of Rs. 2,50,82,496/- on
committed or alleged to be committed; account of alleged wrongful availment and utilisation of
ITC.
Impact on financial, operation or other The Company believes it has a strong case to defend on the
activities of the listed entity, quantifiable in merits and the appeal is being preferred to be filed before
monetary terms to the extent possible. the Commissioner(Appeals). No significant impact on the
financials, operations or other activities of the company.