NSEAction(s) taken or orders passed4d ago · 5 Nov 2026, 01:07 pm
Action(s) taken or orders passed
SRF Limited · SRF
✦ AI SummaryRegulatory
SRF Limited has informed the Exchange about an order imposing a penalty of ₹12,77,382 by the State Tax Officer, Uttarakhand, in relation to an alleged mismatch between the particulars mentioned in the Delivery Challan and E-way Bill. The company claims that the financial impact is limited to the penalty amount, which has been paid under protest, and that there is no additional tax liability or loss of revenue to the Government.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact1/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
SRF Limited has informed the Exchange about Action(s) taken or orders passed
Attachments (1)
📄pdf
Download →
ekta_maheshwari_05112026130607_IntimationPenaltyNov2026.pdf
View document text
The Corporate Relationship Department, National Stock Exchange of India Limited
BSE Limited “Exchange Plaza”
1st Floor, New Trading Ring Rotunda Building, P.J. Bandra-Kurla Complex
Towers Bandra (E)
Dalal Street, Mumbai 400 051
Mumbai 400 001
Scrip Code- 503806 Scrip Code-SRF
SRF/SEC/BSE/NSE 5.11.2026
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Dear Sir,
This disclosure is being made pursuant to the SEBI (Listing Obligations & Disclosure Requirements) Regulations,
2015 (“LODR”).
Disclosures under Schedule III, Part-A, Para A (Clause 20) of LODR is given below:
i) Name of Authority Office of State Tax Officer, Uttarakhand
ii) Nature and details of the action(s) Order imposing a penalty of ₹12,77,382 by the State Tax Officer,
taken, initiated or order(s) Uttarakhand, in relation to an alleged mismatch between the
passed; particulars mentioned in the Delivery Challan and E-way Bill.
iii) Date of receipt of direction or 04.11.2026 at 01.31 p.m.
order, including any ad-interim or
interim orders, or any other
communication from the
authority;
iv) Details of the The matter relates to a clerical oversight wherein inadvertently in
violation(s)/contravention(s) the Delivery challan the tax amount was reflected as Nil. This is
committed or alleged to be well reflected by the fact that the E-way bill generated which was
committed; accompanying the goods being moved correctly disclosed the
accurate GST amount.
v) impact on financial, operation or The financial impact is limited to the penalty amount of ₹12,77,382
other activities of the listed entity, which has been paid under protest. As described above, the
quantifiable in monetary terms to movement of goods was undertaken under a Delivery Challan
the extent possible. against a taxable invoice, and the applicable GST had already
been duly discharged through the corresponding tax invoice.
There is, therefore, no additional tax liability or loss of revenue to
the Government. This issue has therefore arisen nearly due to a
procedural/ clerical error and does not alter the substance of the
transaction. The Company is therefore of the view that the
demand is not legally tenable and will contest the same before the
appropriate legal forum(s).
Kindly take this intimation on record.
Thanking you,
Yours faithfully,
For SRF Limited
Rajat Lakhanpal
Sr. Vice President (Corporate Compliance) & Company Secretary