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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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.