NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company21 Aug 2026 · 21 Aug 2026, 11:13 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Godavari Biorefineries Limited · GODAVARIB
✦ AI SummaryLitigation
Godavari Biorefineries Limited has received a show cause notice from the Assistant Commissioner of Central GST regarding non-payment of GST on supply of ENA for the period 2021-22 to October 2024, amounting to ₹17,02,29,150.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment4/10
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Godavari Biorefineries Limited has informed the Exchange about received show cause notice from Asst. Commissioner of Central GST
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GODAVARIBIO_21082026231338_Intimation_to_SE.pdf
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Dated: August 21, 2026
The Manager The Manager
Listing Department Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Tower,
Bandra Kurla Complex, Bandra (E), Dalal Street
Mumbai – 400 051 Mumbai-400001
Script Symbol: GODAVARIB Script Code:544279
Dear Sir / Madam,
Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015-
Demand Notice
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, read with Para B of Part A of Schedule III, this is to inform you that the Company has received a show
cause notice from the O(cid:431)ice of the Assistant Commissioner of Central GST, Audit, Belgavi, Karnataka
regarding Non-payment of GST on supply of ENA for the period 2021-22 to October 2024.
The requisite disclosure, pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI
Listing Regulations, 2015, is enclosed herewith as “Annexure A”.
The Company is in the process of examining the notice and shall take appropriate legal steps, including
filing replies/appeals, as may be advised
This is for your information and record.
For Godavari Biorefineries Limited
Manoj Jain
Company Secretary & Compliance O(cid:431)icer
Membership No. F-7998
ANNEXURE
Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with Para B of Part A of Schedule III
SN Particulars Details
1 Date of receipt of communication from the Received on 21st August, 2026
Authority
2 Brief details of litigation viz. name(s) of the The Assistant Commissioner of Central
opposing party, court/ tribunal/agency where GST, Audit, Belgavi, Karnataka has
litigation is filed, brief details of issued a Show Cause Notice regarding
dispute/litigation Non-payment of GST on supply of ENA
for the period 2021-22 to October 2024.
The Company has supplied ENA to the
Karnataka State Beverages Corporation
Ltd. (KSBCL), for further manufacture of
Alcoholic liquor fit for human
consumption, without payment of GST
under Section 74(1) of the CGST/SGST
Act, 2017, amounting to ₹.17,02,29,150/-
showing it under “exempted supply” in
their sale register/GST Returns.
3 Expected financial implications, if any, due The Company is evaluating the material
to compensation, penalty, etc. impact on the financial, operational, or
other activities.
The Company is in the process of
examining the notice and shall take
appropriate legal steps, including filing
reply /appeal as may be advised.
4 Quantum of Claims, if any. Total GST Demand is approx. Rs.
17,02,29,150 (CGST ₹ 8,51,14,575/- ,
SGST ₹ 8,51,14,575/-)
For Godavari Biorefineries Limited
Manoj Jain
Company Secretary & Compliance O(cid:431)icer
Membership No. F-7998