BSECompany Update21 Aug 2026 · 21 Aug 2026, 12:46 pm

Intimation under Regulation 30 of SEBI LODR is attached

Indogulf Cropsciences Ltd · 544432

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Indogulf Cropsciences Ltd has received a favorable order from the Hon'ble High Court of Punjab and Haryana, setting aside a show cause notice and order demanding a refund of ₹6,93,12,901/- along with interest of ₹1,54,58,004/-.

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Growth Catalyst0/10
Governance Concern0/10
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Market Sentiment8/10

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Indogulf Cropsciences Ltd - 544432 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015

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Date: August 21, 2026 To, To, BSE Limited National Stock Exchange of India Limited 20th Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai - 400001 Bandra (East), Mumbai– 400051 Scrip Code: 544432 NSE Symbol: IGCL Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Ma’am, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), we hereby inform you that the Company has received an Order dated August 14, 2026 issued by the Hon’ble High Court of Punjab and Haryana at Chandigarh. The details required under Regulation 30 of the SEBI LODR read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure-A. The date and time of receipt of information is August 20, 2026 at 5:15 P.M (IST). This is for your information and records. Thanking you, Yours faithfully, For Indogulf Cropsciences Limited Sakshi Jain Company Secretary and Compliance Officer (ACS: 67325) REGISTERED OFFICE 501, Gopal Heights, Netaji Subhash Place, New Delhi – 110034. Annexure-A S No. Particulars Details 1. Name of Authority Hon’ble High Court of Punjab and Haryana (“High Court”) 2. Nature and details of action(s) taken or The High Court passed a final order in the order(s) passed; writ petition filed by the company against the Order –In-Original No. 190/GST/JC/VB/RTH/2025-26 dated 30.12.2025 along with the show cause notice dated 09.05.2026 issued u/s 74 of Haryana Goods and Services Tax Act, 2017 by the Commissioner, Central GST Commissionerate, Rohtak demanding a recovery of refund of INR 6,93,12,901/- along with the interest of INR 1,54,58,004/-. The High Court has decided the matter in favour of the company for squashing and setting aside the impugned show cause notice and the impugned order in original. 3. Date of receipt of Direction or order, August 20, 2026 including any ad-interim or interim orders, or any other communication from the authority; 4. Details of the violation(s) / The Show cause notice had alleged the contraventions (s) committed or alleged Erroneous IGST refund – approximately to be committed; ₹6.93 crore, principally arising from the department's reliance on Rule 96(10). 5. Impact on financial, operation or other The voluntarily deposit made by the activities of the listed entity, company of ₹6,56,07,859/- crore (IGST) and quantifiable in monetary terms to the ₹1,54,58,004/- crore (interest), will be extent possible; refunded by the department in due course.