BSECompany Update3d ago · 6 Nov 2026, 06:06 pm
Disclosure pursuant to SEBI LODR
Torrent Power Ltd · 532779
✦ AI SummaryRegulatory
Torrent Power Ltd has received an order from the Joint Commissioner, CGST Ahmedabad South, regarding a conditional refund of GST paid on Ocean Freight. The order pertains to a demand of Rs. 4.54 Crs. in interest and Rs. 1.93 Crs. in penalty. The company believes that since Hon'ble High Court has allowed conditional refund, the question of Interest and Penalty should not arise. The company will challenge the order before the appropriate authority and is hopeful of a favourable outcome.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Torrent Power Ltd - 532779 - Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
Attachments (1)
📄pdf
Download →
05a326bf-b371-4e6c-8816-7a384f982413.pdf
View document text
November 06, 2026
To, To,
Corporate Relationship Department L i s t i n g D e p a r t m e n t ,
BSE Limited National Stock Exchange of India Limited
14th Floor, P. J. Towers, “Exchange Plaza”, C – 1, Block G
Dalal Street, Fort, Bandra- Kurla Complex, Bandra (East),
Mumbai-400 001 Mumbai 400 051
SCRIP CODE: 532779 SYMBOL: TORNTPOWER
Dear Sir / Madam,
Sub: Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)
Pursuant to Regulation 30 of the Listing Regulations, we would like to inform you that the
Company has received the order dated November 05, 2026 at 07:48 pm from the Office of
Joint Commissioner, CGST Ahmedabad South in the matter pertaining to conditional Refund
of GST paid on Ocean Freight allowed by Hon’ble High Court for the amount which was
earlier transferred to consumer welfare fund.
The details as required pursuant to Regulation 30 of Listing Regulations read with SEBI
Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
are as under:
No. Particulars Details
01. Name of the Authority Joint Commissioner, CGST Ahmedabad South
02. Nature and details of the action(s) The Company has received an order in original from the Joint
taken or order(s) passed Commissioner, CGST Ahmedabad South, u/s 74A(1) of Central
Goods and Services Tax Act, 2017. The order pertains to
conditional refund of GST paid on Ocean Freight as per
directions of Hon’ble Supreme Court of India and was
transferred to consumer welfare fund by the company. The
demand raised comprises of interest of Rs. 4.54 Crs. and penalty
of Rs. 1.93 Crs.
03. Date of receipt of direction or order, The order has been received by the Company through email on
including any ad-interim or interim November 05, 2026 around 19:48.
orders, or any other
communication from the authority
04. Details of the violation(s) / The order in original was passed under Section 74A (1) of CGST
contravention(s) committed or Act, 2017.
alleged to be committed;
05. Impact on financial, operation or The Company believes that since Hon’ble High Court has
other activities of the listed entity, allowed conditional refund and the Company has acted as per
quantifiable in monetary terms to directions of that order, the question of Interest and Penalty
the extent possible. should not arise. The Company will challenge the order before
the appropriate authority and is hopeful of a favourable outcome.
As per the assessment of the management, this order does not
have any material financial impact on the Company.
You are requested to take the same on records.
Thanking You.
Yours faithfully,
For Torrent Power Limited
Rahul Shah
Company Secretary & Compliance Officer