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GREENLAM/2026-27
November 4, 2026
The Manager The Manager
BSE Limited National Stock Exchange of India Limited
Department of Corporate Services Exchange Plaza, Bandra Kurla Complex
Floor 25, P. J. Towers, Dalal Street Bandra (E)
Mumbai - 400 001 Mumbai - 400 051
Email: corp.relations@bseindia.com Email: cmlist@nse.co.in
BSE Scrip Code: 538979 NSE Symbol: GREENLAM
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“Listing Regulations”): Update on Show Case Notice
Dear Sir/Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("Listing Regulations") and relevant SEBI circulars issued thereunder,
this is to inform the following:
We refer to disclosure made by the Company on July 28, 2025 wherein it was informed regarding receipt
of Show Cause Notice (SCN) under Section 74 of the Central Goods and Services Tax Act, 2017 for
recovery of tax and imposition of penalty, total aggregating to Rs. 7.68 Crore along with applicable interest,
in relation to incorrect refund of IGST for the periods i.e., Oct.- 18 to Mar.-19, Apr.’ 19 to Mar.-20, Apr.-
20 to Mar.-21.
In this connection, we would like to inform that the Company had filed a writ petition before the Hon'ble
High Court of Himachal Pradesh challenging the validity of the aforesaid SCN. The Hon'ble High Court
of Himachal Pradesh, vide its order pronounced on November 3, 2026, has allowed the writ petition filed
by the Company and quashed the aforesaid SCN. Consequently, the proceedings initiated against the
Company via the said SCN stands terminated. There is no financial or operational impact on the Company
due to this order.
You are requested to take the above information on records.
Thanking you,
Yours faithfully,
For Greenlam Industries Limited
Prakash Kumar Biswal
Company Secretary &
Senior Vice President – Legal