NSEGeneral Updates18 Jun 2026 · 18 Jun 2026, 05:31 pm
General Updates
BGR Energy Systems Limited · BGRENERGY
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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.
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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