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
✦ AI SummaryRegulatory
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.
Analysis Scores
Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk2/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Schneider Electric President Systems Ltd - 544786 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
Attachments (1)
📄pdf
Download →
a57d1f05-9fe0-4a5d-88ea-2ddacda79a95.pdf
View document text
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