NSEAction(s) taken or orders passed6d ago · 3 Nov 2026, 05:52 pm
Action(s) taken or orders passed
Astral Limited · ASTRAL
✦ AI Summary▼ NegativeRegulatory
Astral Limited has received a Demand Order under the Goods and Services Tax Act, 2017, for short-payment of outward GST liability and irregular availment and utilization of Input Tax Credit (ITC). The company will challenge the order based on strong merits.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment2/10
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Full Announcement
Astral Limited has informed the Exchange about Intimation Under Regulation 30 - Receipt of GST Order
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ASTRAL_03112026175002_SELFILE.pdf
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03rd November, 2026
To To
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
Dalal Street Bandra Kurla Complex, Bandra (East)
Mumbai – 400001 Mumbai – 400051
Scrip Code: 532830 Symbol: ASTRAL
Dear Sir/Madam,
Sub.: Intimation under Regulation 30 read with Part A of Schedule III of Securities
Exchange Board of India (Listing Obligations and Disclosure requirements)
Regulations, 2015 (“SEBI Listing Regulations”)
In accordance with regulation 30 read with sub-para 20 of para-A of Part A of Schedule III of
SEBI Listing Regulations as amended, Company hereby inform that the Company has
received a Demand Order under the Goods and Services Tax Act, 2017.
The details as required under Regulation 30 of the SEBI Listing Regulations read with the
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30,
2026, is enclosed herewith as Annexure- A.
Kindly take the same on your record.
Thanking you,
Yours faithfully,
For Astral Limited
Chintankumar Patel
Company Secretary
Membership No: A29326
Encl. As Above
Annexure A
Details as per the SEBI Listing Regulation read with SEBI Master Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Sr. Particulars Details
i Name of the authority; Assistant Commissioner of Central Tax,
Sankrail Division, CGST & C. Ex.
Commissionerate, Howrah.
ii Nature and details of the action(s) Order under section 74 of the WBGST Act,
taken or order(s) passed; 2017.
iii Date of receipt of direction or order, Order received on 03rd November, 2026
including any ad-interim or interim
orders, or any other communication
from the authority;
iv Details of the 1. Short-payment of outward GST liability
violation(s)/contravention(s) due to HSN Classification.
committed or alleged to be 2. Irregular availment and utilization of ITC
committed; falling under Blocked/Ineligible Credit.
3. Ineligible availment and utilization ITC
before physical receipt of the goods in
registered business premises.
v Impact on financial, operation or Total Tax of Rs. 1,91,873/- and Interest
other activities of the listed entity, applicable in point no. 3 of Rs.1,18,487/-
quantifiable in monetary terms to the along with applicable interest on other points
extent possible. and Penalty Rs.82,00,747/- thereon.
The Company will challenge the same
based on strong merits by way of filing its
reply/ submissions, before the relevant
authorities.
Further, there is no material impact on
financial, operation or other activities of the
Company due to this intimation.