BSECompany Update1d ago · 30 Oct 2026, 12:53 pm

Disclosure of Order passed by the Commissioner of GST & Central Excise

Rajshree Sugars & Chemicals Ltd · 500354

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Rajshree Sugars & Chemicals Ltd has received an order from the Commissioner of GST & Central Excise, Chennai Outer Commissionerate, dropping Central Excise proceedings initiated against the company relating to molasses and CENVAT credit for the period April 2014 to June 2017.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Rajshree Sugars & Chemicals Ltd - 500354 - Disclosure Of Order Passed By The Commissioner Of GST & Central Excise

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Ref.No: SEC26085 30th October 2026 National Stock Exchange of India Limited BSE Limited Bandra Kurla Complex P.J.Towers Bandra East Dalal Street Mumbai – 400 051. Mumbai – 400 001. Scrip symbol: RAJSREESUG Scrip code: 500354 Dear Sirs, Sub: Disclosure of Order passed by the Commissioner of GST & Central Excise, Chennai Outer Commissionerate - Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘LODR’) Further to the disclosures made in our quarterly Integrated Filing (Governance), we hereby inform you that the Commissioner of GST & Central Excise, Chennai Outer Commissionerate has passed Order-in-Original No. 35 to 37/2026/COMMR(C.Ex) dated 29th October 2026 dropping the Central Excise proceedings initiated against our company relating to molasses and CENVAT credit for the period April 2014 to June 2017. The details required under the amended Regulation 30 read with Sub-para 8 of Para B of Part A of Schedule III of LODR and Para 8 of Annexure 18 of the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, are given below: Name(s) of the opposing party Office of Commissioner of Central Excise, Puducherry Name(s), court/ tribunal / agency Commissioner of GST & Central Excise, Chennai Outer where order is passed Commissionerate Date of receipt of Order 29th October 2026 at 4:49 PM Brief details of dispute/litigation Denial of exemption under Notification No. 67/95-CE on molasses captively consumed and CENVAT credit on molasses for the period April 2014 to June 2017 (SCN 24/2015, SCN 11/2016 and SOD 01/2018). Quantum of claims, if any ₹6,283.59 lakhs (Principal: ₹2,094.53 lakhs, Penalty: ₹2,094.53 lakhs and Interest: ₹2,094.53 lakhs). Development in proceedings The Commissioner has held that the company is eligible for exemption under Notification No. 67/95-CE and CENVAT credit, and has dropped the proceedings initiated under the aforesaid Show Cause Notices (SCNs) in toto, including interest and penalty. Expected financial implications, if Nil, as the order is in favour of the Company. Kindly take the same on record. Thanking you For and on behalf of RAJSHREE SUGARS & CHEMICALS LIMITED M. Ponraj Company Secretary Membership No.A29858 Rajshree Sugars & Chemicals Limited CIN: L01542TZ1985PLC001706 r s c l@rajshreesugars.com 1GV, 360, Kamaraj Road, Uppilipalayam, GSTIN: 33AABCR4179D1ZL www.rajshreesugars.com Coimbatore - 641015, Tamil Nadu, India T: +91-422-2580981-82 Chennai Theni Mundiyampakkam Gingee