BSECompany Update6d ago · 29 Jul 2026, 12:27 pm

Receipt of Form ASMT-12 Order from Superintendent of Central Tax for dropping of proceedings as per details enclosed herewith.

Schneider Electric President Systems Ltd · 544786

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Schneider Electric President Systems Ltd has received a Form GST ASMT-12 order from the Superintendent of Central Tax, dropping the proceedings initiated under the ASMT-10 scrutiny notice for FY 2022-23, with no financial impact on the company.

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Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk2/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10

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Schneider Electric President Systems Ltd - 544786 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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Date: July 29, 2026 Ref No.: SEPSL/Sec/SE/2026-27/27 The Secretary The Head-Listing BSE Limited (BSE) Metropolitan Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, (MSE) Dalal Street Bandra 205A, 2nd Floor, Piramal Agastya Corporate Park, Mumbai-400001 Kamani Junction, LBS Road, Scrip Code: 544786 Kurla (West), Mumbai-400070 Symbol: SELECTRIC Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir, Pursuant to Regulation 30 read with Part A of Schedule III and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to our earlier communication to MSE dated December 19, 2025 , we wish to inform that the Company has received Form GST ASMT-12, being an order accepting the Company's reply to the scrutiny notice issued under Section 61 of the CGST Act for FY 2022-23, dated July 28, 2026. Details of the above, as required under Regulation 30 read with Part A of Schedule III of the SEBI Listing Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, set out below: S. Particulars Details 1 Notice/Order Form GST ASMT - 12 vide Reference No.: ZD2907262065734 dated July 28, 2026 2 Name of the authority Superintendent of Central Tax, SD-9 Kendriya Sadan, Koramangala, Bangalore – 560034 3 Nature and details of the The GST ASMT-12 order dropping the proceedings has been action(s) taken, or order(s) issued in response to the ASMT-10 scrutiny notice for FY 2022- passed; 23, involving a demand of ₹11,95,68,159/- considering the GST ADT-01 audit proceeding had already been initiated for the same period, the department has accepted the submission and dropped the proposed demand through the ASMT-12 order. 4 Date of receipt of direction or Tuesday, July 28, 2026, 13:32 hrs (IST) order, including any adinterim or interim orders, or any other communication from the authority 5 Details of violation(s)/ Please refer to Para 3. contravention(s) committed or alleged to be committed. Schneider Electric President Systems Limited Regd. Office: 5C/1, KIADB Industrial Area, Attibele, Bengaluru - 562107 Ph: +91 9240298360 | Email: info@schneiderelectricpresident.com Corporate Office: 6th Floor, Avinya Campus, Argon North Tower, Bagmane Solarium City, Kundalahalli Road, Doddanekundi Village, K R Puram Hobli, Bengaluru -560037, Karnataka, India |Ph: +91 9240298097 CIN: L32109KA1984PLC079103 Schneiderelectricpresident.com General 6 Impact on financial, operation An ASMT-12 order has been received, concluding the or other activities of the listed proceedings initiated under the ASMT-10 scrutiny notice for FY entity, quantifiable in monetary 2022-23. Accordingly, the matter stands closed and has no terms to the extent possible. financial impact on the Company. Kindly take the same in your record. Thanking You! Yours Sincerely For Schneider Electric President Systems Limited Sapna Bhatia Company Secretary & Compliance Officer Schneider Electric President Systems Limited Regd. Office: 5C/1, KIADB Industrial Area, Attibele, Bengaluru - 562107 Ph: +91 9240298360 | Email: info@schneiderelectricpresident.com Corporate Office: 6th Floor, Avinya Campus, Argon North Tower, Bagmane Solarium City, Kundalahalli Road, Doddanekundi Village, K R Puram Hobli, Bengaluru -560037, Karnataka, India |Ph: +91 9240298097 CIN: L32109KA1984PLC079103 Schneiderelectricpresident.com General