NSEGeneral Updates24 Jun 2026 · 24 Jun 2026, 11:13 pm

General Updates

SHREE CEMENT LIMITED · SHREECEM

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Shree Cement Limited has informed the Exchange that the Additional Commissioner (Appeals), SGST, Patna has dismissed the appeal filed against the demand order passed by the Deputy Commissioner, State Tax, Patna for technical reasons, thereby reinstating demand including penalty.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment4/10

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SHREE CEMENT LIMITED has informed the Exchange about the Additional Commissioner (Appeals), SGST, Patna has dismissed the appeal filed against the demand order passed by the Deputy Commissioner, State Tax, Patna for technical reasons thereby reinstating demand including penalty

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SHREECEM_24062026231246_NSE_BSE_Demand_240626.pdf

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SCL/SE/2026-27/ 24th June, 2026 National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, Bandra – Kurla Complex, Bandra (East) Dalal Street, MUMBAI – 400 051 MUMBAI – 400 001 SCRIP CODE: SHREECEM EQ SCRIP CODE 500387 Debt Segment NCD ISIN: INE070A07061 Debt Segment NCD ISIN: INE070A07061 Re: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, This has reference to our earlier intimations dated 24th February, 2025 & 27th December, 2025 and Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, we hereby submit that the Additional Commissioner (Appeals), SGST, Patna has dismissed the appeal filed against the demand order passed by Deputy Commissioner, State Tax, Patna for technical reasons thereby reinstating Demand including penalty. The disclosure regarding the same is attached herewith as Annexure - A. Kindly take the same on record. Thanking you, Yours faithfully, For SHREE CEMENT LIMITED (S.S. KHANDELWAL) COMPANY SECRETARY Shree Cement Limited Corporate office: DLF Epitome, Building No. 5, Tower B, 9th Floor, DLF Cyber City, Gurugram, Haryana - 122002 Tel.: +91-124-4699200 I www.shreecement.com I CIN: L26943RJ1979PLC001935 Registered Office: Bangur Nagar, Beawar, Rajasthan -305901 I Tel.: 01462-228101-06 I shreebwr@shreecement.com Group Corporate Office: 21 Strand Road, Kolkata, West Bengal - 700001 Annexure-A Sr. Particulars Details - 1 Details - 2 1. Name of the Authority Additional Commissioner (Appeals), Additional Commissioner SGST, Patna (Appeals), SGST, Patna 2. Nature and details of the Dismissal of appeal filed against Dismissal of appeal filed against action(s) taken, initiated or demand order passed by Deputy demand order passed by Deputy order(s) passed by the authority Commissioner, State Tax, Patna for Commissioner, State Tax, Patna for technical reasons reinstating tax technical reasons reinstating tax demand of Rs. 23,55,71,668/- along demand of Rs. 14,93,09,708/- along with interest of Rs. 15,19,43,725/- and with interest of Rs. 9,18,25,472/- penalty of Rs. 2,35,57,166/-. and penalty of Rs. 1,49,30,971/-. 3. Date and Time of receipt of Order dated 23rd June, 2026 Order dated 23rd June, 2026 direction or order, including any ad-interim or interim orders, or any other communication from the authority; 4. Details of the violation(s) / Valuation as well as excess ITC availed Valuation as well as excess ITC contravention(s) alleged to be availed. committed 5. Impact on financial, operation The order has no major financial The order has no major financial or other activities of the listed impact on the Company. The Authority impact on the Company. The entity, quantifiable in monetary has not considered the facts and Authority has not considered the terms to the extent possible averments submitted. Based on the facts and averments submitted. merits, appeal before GST Appellate Based on the merits, appeal before Tribunal shall be filed within GST Appellate Tribunal shall be prescribed time u/s 112 of Bihar GST filed within prescribed time u/s 112 Act, 2017. of Bihar GST Act, 2017. Shree Cement Limited Corporate office: DLF Epitome, Building No. 5, Tower B, 9th Floor, DLF Cyber City, Gurugram, Haryana - 122002 Tel.: +91-124-4699200 I www.shreecement.com I CIN: L26943RJ1979PLC001935 Registered Office: Bangur Nagar, Beawar, Rajasthan -305901 I Tel.: 01462-228101-06 I shreebwr@shreecement.com Group Corporate Office: 21 Strand Road, Kolkata, West Bengal - 700001