BSECompany Update6d ago · 25 Aug 2026, 10:27 am
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Nuvoco Vistas Corporation Ltd · 543334
✦ AI SummaryLitigation
Nuvoco Vistas Corporation Ltd has received a Show Cause Notice from the Joint Commissioner, CGST, Durgapur Audit Commissionerate, West Bengal, proposing denial of input tax credit and output tax liability, amounting to Rs.15.41 crores for four years from FY 2020-21 to FY 2023-24.
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Full Announcement
Nuvoco Vistas Corporation Ltd - 543334 - Intimation Under Regulation 30 Of SEBI (Listing Obligations
& Disclosure Requirements) Regulations, 2015
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Ref. No.: Sec/82/2026-27
August 25, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, C–1, Block G, Bandra Kurla
Street, Fort, Mumbai – 400 001 Complex, Bandra East, Mumbai – 400 051
Scrip Code: 543334 Trading Symbol: NUVOCO
Scrip ID: NUVOCO
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (the “Listing Regulations”)
Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the Listing Regulations,
SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023
(as amended), we hereby inform that the Joint Commissioner, CGST, Durgapur Audit
Commissionerate, West Bengal has issued a Show Cause Notice to NU Vista Limited, wholly
owned subsidiary of the Company. The requisite information is given in Annexure A.
The same is being made available on the Company’s website at www.nuvoco.com.
We request you to take the above on record.
Thanking you,
Yours faithfully,
For Nuvoco Vistas Corporation Limited
Shruta Sanghavi
SVP and Company Secretary
Encl: a/a
Nuvoco Vistas Corp. Ltd.
Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070
Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229
Annexure A
Name(s) of the opposing party Joint Commissioner, CGST, Durgapur Audit
Commissionerate, West Bengal
Court/ Tribunal/Agency where The Company will file an appropriate reply before the
litigation is filed Joint Commissioner, CGST, Durgapur Audit
Commissionerate, West Bengal.
Brief details of dispute/litigation The Show Cause Notice issued, proposes denial of
input tax credit in respect of different inputs viz., civil
construction, toll charges, canteen, etc. It also
proposes denial of reduction in output tax liability
arising from credit notes issued towards sales returns
and post-sale discounts. The proposed demand
pertains to four years from FY 2020-21 to FY 2023-
24, amounting Rs.15.41 crores
Expected financial implications, The Company believes it has sufficient documentary
if any, due to compensation, evidence in support of its position and is confident
penalty etc that, upon consideration of the submissions and
supporting records, the matter would be appropriately
resolved. Accordingly, the matter will have no major
financial impact on the Company.
Quantum of claims, if any NA
Nuvoco Vistas Corp. Ltd.
Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070
Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229