NSEGeneral Updates1d ago · 8 Nov 2026, 01:11 pm
General Updates
Saurashtra Cement Limited · SAURASHCEM
✦ AI SummaryRegulatory
Saurashtra Cement Limited has received a Show Cause Notice from the Office of the Assistant Commissioner of State Tax Unit-86 under Section 74(5) of Central Goods Services Tax Act (CGST) Act 2017/Gujarat GST Act, 2017, for non-payment of GST on Royalty/DMF Charges/NMET Charges/Dead/Surface Rent for FY 2022-23. The company is required to produce all relevant documentary submissions to the Office of the Assistant Commissioner of State Tax, Unit-86, within the prescribed time period.
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Growth Catalyst2/10
Governance Concern3/10
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Market Sentiment5/10
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Full Announcement
Company received Show Cause Notice from the Office of the Assistant Commissioner of State Tax Unit-86, Old Court Compound, Near Jan-Seva Kendra, Porbanar-360575 under Section 74(5) of Central Goods Services Tax Act ( CGST ) Act 2017 / Gujarat GST Act, 2017.
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Saurashtra_08112026131053_LettertoSEintimationofgst8112026.pdf
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Ref: B/SCL/SE/SS/274/2026-27
8th November 2026
BSE Limited, National Stock Exchange of India
Corporate Relationship Manager, Limited Exchange Plaza,
Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex,
Dalal Street, Bandra (East),
Mumbai - 400 001. Mumbai – 400 051.
Stock Code : 502175 Stock Symbol : SAURASHCEM
Dear Sir/Madam,
Sub.: Disclosure under Regulation 30 read with Para B of part A of Schedule III
of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dear Sir/Madam,
We would like to inform you that Saurashtra Cement Limited (“the Company”), has received
a Show Cause Notice from the Office of the Assistant Commissioner of State Tax Unit-86,
Old Court Compound, Near Jan-Seva Kendra, Porbanar-360575 under Section 74(5) of
Central Goods Services Tax Act (“CGST”) Act 2017 / Gujarat GST Act, 2017.
The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“Listing Regulations”), read with Schedule III of the
Listing Regulations and in accordance with Industry Standards Note on Regulation 30 of
the LODR Regulations read with SEBI Master Circular vide Ref. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 Issued on July 11, 2023, and Last updated on January 30, 2026 (the
“SEBI Master Circular”) are given in Annexure A.
Kindly take the same on your records.
Thanking you,
Yours faithfully
For Saurashtra Cement Limited
Jayshree D. Soni
Company Secretary & Compliance Officer
M.No.F-6528
Encl.: As Above
Annexure A
Sr. Particulars Details
1. Brief details of litigation/ A show cause notice under Section 74(5)
dispute viz. name(s) of the of Central Goods Services Tax Act
opposing party, court/ (“CGST”) Act 2017/Gujarat GST Act, 2017
tribunal/agency where was received at M/s Saurashtra Cement
litigation is filed, brief details Limited, Ranavav issued by Office of the
of dispute/litigation; Assistant Commissioner Of State Tax, Unit-
86, Old Court Compound, Near Jan-Seva,
Porbandar-360575 for Non/Short payment
of GST on Royalty / DMF Charges / NMET
Charges / Dead/Surface Rent for FY 2022-
As per SCN, the company is required to
produce all the relevant documentary
submission to Office of the Assistant
Commissioner of State Tax, Unit-86, Old
Court Compound, Near Jan-Seva Kendra,
Porbandar-360575, for allegation for non-
payment of Rs. 1,91,48,238/- [GST-
73,04,668/- + Interest-45,38,902/- +
Penalty-73,04,668/-] (Rs. One crore
ninety-one lakhs forty-eight thousand two
hundred thirty eight only)
2. Expected financial Based on SCL’s assessment, the aforesaid
implications, if any, due to demand is not maintainable. SCL is
compensation, penalty etc.; evaluating this matter and will submit its
reply within the prescribed time period.
The Company does not envisage any
relevant impact on the financial,
operations or other activities of the
Company.
3. Quantum of claims, if any; As described in point no. 1 above.