BSECompany Update2d ago · 5 Nov 2026, 01:07 pm
Disclosure under Regulation 30 of SEBI (LODR) Regulations 2015
SRF Ltd · 503806
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SRF Ltd has disclosed a penalty of ₹12,77,382 imposed by the State Tax Officer, Uttarakhand, for a clerical oversight in a Delivery Challan, which has been paid under protest. The company believes the demand is not legally tenable and will contest it.
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SRF Ltd - 503806 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
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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