NSEGeneral Updates18 Jun 2026 · 18 Jun 2026, 05:31 pm

General Updates

BGR Energy Systems Limited · BGRENERGY

✦ AI Summary▼ NegativeRegulatory

BGR Energy Systems Limited has received a GST Order from the Office of the Joint Commissioner, Corporate Circle, Kanpur I, Uttar Pradesh, imposing a penalty of ₹30,65,591.26 for the alleged suppression of turnover for the tax period from April 2019 to March 2020.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern6/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment2/10

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Full Announcement

BGR Energy Systems Limited has informed the Exchange about that the Company has received GST Order

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BGRENERGYSYS_18062026173107_03_BGR_GST_ORDER_SD.pdf

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BGR ENERGY SYSTEMS LIMITED 443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24364422/24320390 E-mail: compliance@bgrenergy.com Web site: www.bgrcorp.com Date: 18th June 2026 National Stock Exchange of India Limited BSE Limited Listing Department Department of Corporate services Exchange Plaza, Bandra Kurla Complex, PJ Towers, Dalal Street, Bandra (E), Mumbai - 400 051 Fort, Mumbai - 400 001 NSE Symbol: BGRENERGY BSE Scrip: 532930 Respected Sir/Madam, Subject: Disclosure under regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”). Ref: ZD090626165636U Dated 18th June 2026 Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company has received an Order for imposition of penalty from the Office of the Joint Commissioner, Corporate Circle, Kanpur I, Uttar Pradesh, under Section 122(2)(b) of the CGST/SGST Act, in respect of Financial Year 2019-20. The Company has received an Order bearing Reference No. ZD090626165636U dated June 18th 2026, whereby an aggregate penalty of ₹30,65,591.26 has been imposed, comprising CGST penalty of ₹15,32,795.63 and SGST penalty of ₹15,32,795.63, in connection with the alleged suppression of turnover for the tax period from April 2019 to March 2020 Action(s) initiated or orders passed by any regulatory/ statutory/ enforcement authority or judicial body Details as per the SEBI Circular no. SEBI/ HO/ CFD/ CFD- PoD-1/P/CIR/2023/123 dated July 13, 2023 read with SEBI circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. SL.NO Particulars Details 1. Name of the authority. Office of the Joint Commissioner, Corporate Circle, Kanpur I, Uttar Pradesh 2. Nature and details of the action(s) Order for imposition of penalty taken, or order(s) passed. ₹30,65,591.26 under Section 122(2)(b) of the CGST/SGST Act. 3. Date of receipt of direction or order, Date of Order: 18-06-2026 including any ad interim or interim orders, or any other communication Date of receipt of order: 18-06-2026 from the authority. REGISTERED OFFICE: E-4 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, TADA MANDALAM, TIRUPATHI DISTRICT, ANDHRA PRADESH 524401 INDIA. Corporate Identity Number: L40106AP1985PLC005318 BGR ENERGY SYSTEMS LIMITED 443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24364422/24320390 E-mail: compliance@bgrenergy.com Web site: www.bgrcorp.com 4. Details of the violation(s) / The Order has been passed by the GST contravention(s) committed or alleged Authority under Section 122(2)(b) of the to be committed. CGST/SGST Act, imposing a penalty on the Company in respect of the alleged suppression of turnover for the tax period April 2019 to March 2020. 5. Impact on financial, operation or other No material financial impact on the activities of the listed entity, quantifiable Company at this stage. The Company is in monetary terms to the extent going to appeal against the said order. possible. This is for your information and records. Thanking you, Yours truly For BGR ENERGY SYSTEMS LIMITED S. Sundar Company Secretary & Compliance Officer Membership No. A9926 REGISTERED OFFICE: E-4 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, TADA MANDALAM, TIRUPATHI DISTRICT, ANDHRA PRADESH 524401 INDIA. Corporate Identity Number: L40106AP1985PLC005318