NSEGeneral Updates5d ago · 25 Aug 2026, 06:37 pm

General Updates

Vikran Engineering Limited · VIKRAN

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Vikran Engineering Limited has received a Show Cause Notice cum Order from the State Taxes Officer, Kashmir, Jammu and Kashmir, under Section 129(3) of the CGST Act, 2017, for detention of goods found in transit without a valid E-Way Bill and valid tax invoice. The company has voluntarily paid the penalty of ₹ 4,01,400/- and appeal filing is under process.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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VIKRAN123_25082026183710_Intimation_of_Penalty_Paid_-_Gst.pdf

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Date: 25th August 2026 To, To, The Secretary The Secretary BSE Limited National Stock Exchange of India Limited Corporate Relationship Department, Listing Department, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai-400001. Bandra (E), Mumbai –400051. (Scrip Code: Equity - 544496) (Scrip Symbol: VIKRAN) Dear Sir/Madam, Sub: Disclosure of information under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, we hereby inform you that the Company has received a Show Cause Notice cum Order in Form GST DRC-01, dated 22nd August 2026, issued by the State Taxes Officer, Kashmir, Jammu and Kashmir, under Section 129(3) of the CGST Act, 2017, in respect of detention of goods found in transit without a valid E-Way Bill and valid tax invoice. The Company has voluntarily paid the penalty of ₹ 4,01,400/- levied under the said order, for which appeal filing is under process with appropriate authorities. Further, information as per SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure I. This is for your information and records. Thanking You, Yours faithfully, FOR VIKRAN ENGINEERING LIMITED Kajal Rakholiya Company Secretary and Compliance Officer Place: Thane ANNEXURE -I Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. No. Particulars Details 1 Name of the authority Office of State Taxes Officer, Jurisdiction: Kashmir, State/UT: Jammu and Kashmir (GST Department) 2 Nature and details of the action(s) taken Show Cause Notice cum order in Form GST DRC-01, or order(s) passed issued under Section 129(3) of the CGST Act, 2017 for detention of goods in transit. 3 Date of receipt of direction or order, 22nd August, 2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ Goods found in transit without a valid E Way Bill and contravention(s) committed or alleged to valid tax invoice, in contravention of Section 129(1) of be committed the CGST Act, 2017, for the tax period August 2026. Total penalty of ₹4,01,400/- levied under Section 129(1)(a) of the CGST Act, 2017 and paid on 22nd August 2026. 5 Impact on financial, operation or other The Company does not foresee any material impact on activities of the listed entity, its financial, or operational or other activities. quantifiable in monetary terms to the extent possible 6 Any other relevant information a) Appeal filing against said order is in process with appropriate authorities. b) The Order was received by the Company after business hours on Saturday, August 22, 2026, being a non-working day for the Company. Further, the Company undertook an assessment to determine the materiality of the said Order in accordance with the Company's Policy for Determination of Materiality of Events/Information framed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Accordingly, the disclosure is being made today.