NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company1d ago · 30 Oct 2026, 01:01 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Rajshree Sugars & Chemicals Limited · RAJSREESUG
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Rajshree Sugars & Chemicals Limited has received an order from the Commissioner of GST & Central Excise, Chennai Outer Commissionerate, dropping the 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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Governance Concern1/10
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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