NSEGeneral Updates22 Aug 2026 · 22 Aug 2026, 04:00 pm

General Updates

APL Apollo Tubes Limited · APLAPOLLO

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APL Apollo Tubes Limited has received revised GST demand orders from the Deputy Commissioner (Appeals), Hosur, under Section 74 of the CGST Act, 2017, which have reduced the original demand amount. The company has filed appeals against the original orders and has received the revised orders, which have set aside a significant portion of the original demand.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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APL Apollo Tubes Limited has received various order of revised demand from Deputy Commissioner (Appeals), Hosur under Section 74 of the CGST Act, 2017.

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APLAPOLLO_22082026155952_SE_Intimation_1.pdf

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22nd August 2026 Electronic Filing National Stock Exchange of India Limited Department of Corporate Services/Listing “Exchange Plaza” Bandra-Kurla Complex, BSE Limited Bandra (E), Phiroze Jeejeebhoy Tower, Mumbai-400051 Dalal Street, Fort, Mumbai-400001 NSE Symbol : APLAPOLLO Scrip Code : 533758 Re: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended Dear Sir/ Madam, This is with reference to our earlier communication dated July 26, 2024, intimating the orders received from the State Tax Officer, Intelligence, Hosur, Tamil Nadu, dated July 25, 2024, in respect of GST Demand for various years. We now wish to inform you that the Company had further filed appeals against the aforesaid orders and after due consideration the Deputy Commissioner (Appeals), Hosur, vide its various orders dated August 21, 2026, has further reduced the aforesaid GST Demand. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are as hereunder: S. No. Particulars Details 1 Name of the authority Deputy Commissioner (Appeals), Hosur. 2 Nature and details of the Orders for intimation of revised demand action(s) taken, initiated under Section 74 of the CGST Act, 2017 for or order(s) passed; various years. Details are given under Annexure. 3 Date of receipt of Four different sets of orders were received direction or order, from the GST Authority in respect of the including any ad-interim or interim orders, or any various years mentioned above, by the other communication Company on 21.08.2026 from the authority 4 Details of the Non-payment/reversal of GST on certain violation(s)/contraventio items as per the GST Department. n(s) committed or alleged to be committed; 5 Impact on financial, There is no material impact on the financials, operation or other operations or other activities of the activities of the listed Company. entity, quantifiable in The Company is examining the orders and monetary terms to the will take an appropriate course of action in extent possible. the future. We request you to kindly take the above information on your record. Thanking you Yours faithfully For APL Apollo Tubes Limited Vipul Jain Company Secretary and Compliance Officer Encl: a/a Annexure Original demand: FY 2021-22 2020-21 2019-20 2018-19 Total Date of Order 08.03.2024 06.03.2024 06.03.2024 01.03.2024 Tax 7,96,90,442 2,57,93,109 2,92,10,398 5,83,84,882 19,30,78,831 Penalty 7,96,90,442 2,57,93,109 2,92,10,398 5,83,84,882 19,30,78,831 Interest 2,74,13,511 2,29,81,660 2,60,26,465 5,18,74,968 12,82,96,604 Total Demand 18,67,94,395 7,45,67,878 8,44,47,261 16,86,44,732 51,44,54,266 Demand set aside and remanded back by the High Court vide various order dated 25.07.2024: FY 2021-22 2020-21 2019-20 2018-19 Total Tax 7,84,76,936 2,57,77,097 2,92,10,398 5,77,11,598 19,11,76,029 Penalty 7,84,76,936 2,57,77,097 2,92,10,398 5,77,11,598 19,11,76,029 Interest 2,69,96,067 2,29,67,392 2,60,26,467 5,12,76,756 12,72,66,682 Total set 18,39,49,939 7,45,21,586 8,44,47,263 16,66,99,952 50,96,18,740 aside* Order against demand remanded back by the High Court: FY 2021-22 2020-21 2019-20 2018-19 Total Tax 2,97,300 5,43,340 2,12,708 24,98,971 35,52,319 Penalty 2,97,300 5,43,340 2,12,708 24,98,971 35,52,319 Interest 1,24,036 3,24,486 1,65,318 23,93,262 30,07,102 Final 7,18,636 14,11,166 5,90,734 73,91,204 1,01,11,740 Demand** Demand set aside by the Appellate Authority vide various orders dated 21.08.2026: FY 2021-22 2020-21 2019-20 2018-19 Total Tax 1,17,288 4,40,472 1,260 24,13,750 29,72,770 Penalty 1,17,288 4,40,472 1,260 24,13,750 29,72,770 Interest 48,934 2,63,052 980 23,11,644 26,24,610 Total set 2,83,510 11,43,996 3,500 71,39,144 85,70,150 aside Order against demand appealed by the Company in 1st Appeal FY 2021-22 2020-21 2019-20 2018-19 Total Tax 1,80,012 1,02,868 2,11,448 85,221 5,79,549 Penalty 1,80,012 1,02,868 2,11,448 85,221 5,79,549 Interest 75,102 61,434 1,64,338 81,618 3,82,492 Final 4,35,126 2,67,170 5,87,234 2,52,060 15,41,590 Demand* *In respect of the total demand of Rs. 1,01,11,740/-, demand set aside is Rs. 85,70,150/- and the balance demand is only Rs. 15,41,590/- .