NSEGeneral Updates5d ago · 25 Aug 2026, 11:28 am
General Updates
Jyothy Labs Limited · JYOTHYLAB
✦ AI SummaryRegulatory
Jyothy Labs Limited has received an Excise Duty Order from the Commissionerate of Central Goods and Services Tax for a period from April 2016 to June 2017, resulting in a demand of Rs. 9.69 crore, including penalty and interest, due to a difference in interpretation of HSN classification of the product manufactured. The company does not foresee any material impact on its financials, operations, or other activities.
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JYOTHYLAB_25082026112630_SE_Intimation_Excise_Order.pdf
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August 25, 2026
BSE Limited N a tional Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra – Kurla Complex, Bandra
Dalal Street, Mumbai - 400023 (E), Mumbai - 400051
BSE Code: 532926 Scrip Code: JYOTHYLAB
Dear Sir / Madam,
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements)
Regulations, 2015
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, we hereby inform you that the Company became aware on August 24, 2026, of the receipt of an
Excise Duty Order issued by the Commissionerate of Central Goods and Services Tax under Section
11A(10) of the Central Excise Act, 1944, read with Section 174(2) of the Central Goods and Services
Tax Act, 2017, pertaining to the period from April 2016 to June 2017.
This order including applicable interest, fine and penalty has primarily been raised on account of a
difference in interpretation of the HSN classification of the product manufactured and the consequential
excise duty liability.
The Company had previously received favorable order at its other location upholding the classification
dispute with respect to the same product which was accepted by the Excise Authorities and was not
challenged before the Higher authorities.
The Company is in the process of filing an appeal before the appellate authority.
The Company does not foresee any material impact on its financials, operations or other activities
consequent to the said order.
The details required under Regulation 30 read with SEBI Master circular No. HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated January 30, 2026 is enclosed herewith as Annexure A.
Kindly take the above on your record and oblige.
Thanking you,
Yours faithfully,
For Jyothy Labs Limited
Shreyas Trivedi
Head – Legal & Company Secretary
Encl: as above
Annexure A
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 read with SEBI Master circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated January 30, 2026:
Sr. Particulars Details
1. Name of the Authority Commissionerate of Central Goods and Services Tax
2. Nature and details of the actions The Company has received an Excise Duty Order under
taken, initiated or order(s) Section 11A(10) of the Central Excise Act, 1944, read with
passed Section 174(2) of the Central Goods and Services Tax Act,
2017, pertaining to the period April 2016 to June 2017. The
detail of the Demand is as below:
Period: Apr 2016 to June 2017
Sr. No. Nature of Demand (Rs. In Crore)
1 Excise Duty amount 9.69
2 Penalty 0.97
3 Redemption Fine 9.69
4 Interest As applicable
This demand including applicable interest, fine and penalty
has primarily been raised on account of a difference in
interpretation of the HSN classification of the product
manufactured and the consequential excise duty liability.
The Company had previously received favorable order at
its other location upholding the classification dispute with
respect to the same product which was accepted by the
Excise Authorities and was not challenged before the
Higher authorities.
The Company is in the process of filing an appeal before
the appellate authority.
3. Date of receipt of direction, order, August 24, 2026
including any ad-interim or
interim orders, or any other
communication from the
authority
4. Details of As in point no. 2 above.
violation(s)/contravention(s)
committed or alleged to be
committed
5. Impact on financial, operations or The Company does not foresee any material impact on its
other activities of the listed entity, financials, operations or other activities consequent to the
quantifiable in monetary terms to said order.
the extent possible