BSECompany Update2d ago · 7 Nov 2026, 12:44 pm
As per the attachment.
Patel Integrated Logistics Ltd-$ · 526381
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Patel Integrated Logistics Ltd has received a GST demand order from the Commissioner (Appeals Thane) for Rs. 333.34 crores towards GST, interest, and penalty for the financial years 2017-18 to 2019-20. The company believes the demand is not tenable and is examining the order, with plans to contest it through legal remedies.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment2/10
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Patel Integrated Logistics Ltd-$ - 526381 - DISCLOSURE UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 - RECEIPT OF GST DEMAND ORDER
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PATEL
INTEGRATED LOGISTICS LTD
PILL: SEC: APR: 26-27/65 November 07, 2026
To, To,
BSE Ltd. National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort Bandra-Kurla Complex,
Mumbai - 400 001 Bandra (East),
Mumbai - 400 051.
BSE SCRIP CODE: 526381 NSE SYMBOL: PATINTLOG
SUBJECT: DISCLOSURE UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND
DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 - RECEIPT OF GST DEMAND ORDER
Dear Sir/Madam,
Pursuant to Regulation 30 read with Para B (8) of Part A of Schedule III of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the
Company has received an order from the GST Department raising a demand aggregating to 333.34
crores towards GST, interest and penalty for the relevant period.
The details as required under the SEBI Listing Regulations read with SEBI Circular
SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024 are given below:
1. Name of the Authority: Commissioner (Appeals Thane)
2. Nature of Order: GST demand order.
3. Date of Order: 05-11-2026
4. Date of Receipt: 06-11-2026
5. Period to which the Order relates: Financial Year 2017-18 to 2019-20
6. Total Demand: 333.34 crores.
7. Nature of Alleged Contravention: Taxable value of supplies on which tax is to be paid under
GTA service.
8. Impact on financial, operation or other activities of the listed entity, quantifiable in
monetary terms to the extent possible: The company believes and as per advice of tax expert,
the regulations prevailing during the period covered in notice the amount of GST is appropriately
paid and hence the demand is not tenable.
The Company is examining the order and the allegations raised therein. The Company believes
that it has adequate grounds to contest the demand and shall take appropriate legal remedies,
including filing an appeal before the appropriate appellate authority, as advised.
India - 400054
IMH1962PLC012396
INTEGRATED LOGISTICS LTD
The Company shall keep the stock exchanges informed of further material developments in the
matter.
This is for your information and records.
Yours' faithfully,
For PATEL INTEGRATED LOGISTICS LIMITED
AVINASH PAUL RAJ]
COMPANY SECRETARY
CC with enclosures to:
The Calcutta Stock Exchange Ltd.
Registered office : Patel House, 48, Gazdar Bandh, North Avenue Road. S: (West). Mumbai, Maharashira, India - 400054
Tel (+91) 022 26050021 / 26421218 Website : www patel-indi CIN: L71110MH1962PLC012396