NSEAction(s) taken or orders passed22 Aug 2026 · 22 Aug 2026, 04:19 pm

Action(s) taken or orders passed

Escorts Kubota Limited · ESCORTS

✦ AI SummaryRegulatory

Escorts Kubota Limited has informed the Exchange about an order passed by the Assistant Commissioner of GST, Chennai (South), Tamil Nadu, confirming a tax demand of Rs. 2,44,46,239 along with interest and penalty on the issue of Input tax credit reconciliation for the Financial Year 2022-23. The company intends to file an appeal before the appellate authority.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment4/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Escorts Kubota Limited has informed the Exchange about Action(s) taken or orders passed

Attachments (1)

📄

ESCORTS2_22082026161619_EKL_2026_08_22_Intimation_Penalty_signed.pdf

pdf

Download →
View document text
August 22, 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 the Assistant Commissioner of GST, Chennai (South), Tamil Nadu has passed an order under Section 73 of the GST Act, 2017 for the Financial Year 2022-23, confirming tax demand of Rs. 2,44,46,239/- along with interest of Rs. 1,71,19,066 & penalty of Rs. 24,44,624/- on the issue of Input tax credit reconciliation. 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 21, 2026 at 05:22 P.M. (IST). Please take the same on record. Thanking You, Yours faithfully, for Escorts Kubota Limited Vicky Chauhan 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 Assistant Commissioner of GST, Chennai (South), Tamil Nadu 2. Nature and details of the action(s) taken Order passed under Section 73 of the GST Act, or order(s) passed 2017 for the Financial Year 2022-23, confirming tax demand of Rs. 2,44,46,239/- along with interest of Rs. 1,71,19,066 & penalty of Rs. 24,44,624/- on the issue of Input tax credit reconciliation 3. Date of receipt of direction or order, August 21, 2026 including any ad-interim or interim 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