NSEGeneral Updates5d ago · 14 Aug 2026, 06:14 pm

General Updates

Escorts Kubota Limited · ESCORTS

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Escorts Kubota Limited has informed the Exchange about disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, regarding a Service Tax Demand order passed by Superintendent (Adjudication), CGST Commissionerate, Faridabad Haryana, which dropped the Service Tax Demand of Rs. 1,55,93,215/- for the period 2007-08 to 2013-14 and confirmed Service tax demand of Rs. 8,25,59,276/- along with applicable interest and penalty.

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Governance Concern1/10
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Escorts Kubota Limited has informed the Exchange about disclosure pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015

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ESCORTS2_14082026181301_EKL_2026_08_14_Intimation_Penalty_Signed.pdf

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August 14, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra East, Mumbai – 400051 BSE – 500495 NSE – ESCORTS Sub: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) Dear Sir/ Ma’am, In compliance with Regulation 30 read with Para A (20) of Part A of Schedule III of SEBI Listing Regulations, we wish to inform that Superintendent (Adjudication), CGST Commissionerate, Faridabad Haryana, has passed an order dropping the Service Tax Demand (including Education Cess) of Rs. 1,55,93,215/- for the period 2007-08 to 2013-14 and penalty under Section 76, 77 and 78 of the Finance Act, 1994. Further, the aforesaid order confirms service tax demand of Rs. 8,25,59,276/- (including Education Cess) alongwith applicable interest thereon and penalty of Rs. 8,25,60,276/-, on account of taxability issues on certain transactions. In this regard, the Company intends to file an appeal before the appellate authority. The requisite disclosure pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure I for Para A (20) of Schedule III of SEBI Listing Regulations. The date and time of occurrence of the event is August 14, 2026, at 04:24 P.M. (IST). Please take the same on record. Thanking You, Yours faithfully, for Escorts Kubota Limited Arvind Kumar Company Secretary Encl.: As above Escorts Kubota Limited Registered Office - 15/5, Mathura Road, Faridabad - 121003, Haryana, India Tel.: +91-129-2250222 | E-mail: corp.secretarial@escortskubota.com | Website: www.escortskubota.com Corporate Identification Number L74899HR1944PLC039088 Annexure I S. Particulars Details 1. Name of the authority Superintendent (Adjudication), CGST Commissionerate, Faridabad 2. Nature and details of the action(s) taken Order passed dropping the Service Tax Demand or order(s) passed (including Education Cess) of Rs. 1,55,93,215/- for the period 2007-08 to 2013-14 and penalty under Section 76, 77 and 78 of the Finance Act, 1994 and confirmed Service tax demand of Rs. 8,25,59,276/- (including Education Cess) along with applicable interest thereon & penalty of Rs. 8,25,60,276/- on account of taxability issues on certain transactions. 3. Date of receipt of direction or order, Order dated August 11, 2026 received on August including any ad-interim or interim 14, 2026 at 04:24PM orders, or any other communication from the authority 4. Details of the violation(s)/ As mentioned above in point no. 2 contravention(s) committed or alleged to be committed 5. Impact on financial, operation or other As mentioned above in point no. 2 activities of the listed entity, quantifiable in monetary terms to the extent possible. Escorts Kubota Limited Registered Office - 15/5, Mathura Road, Faridabad - 121003, Haryana, India Tel.: +91-129-2250222 | E-mail: corp.secretarial@escortskubota.com | Website: www.escortskubota.com Corporate Identification Number L74899HR1944PLC039088