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.

Analysis Scores

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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Jyothy Labs Limited has informed the Exchange about General Updates

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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