NSEGeneral Updates5d ago · 26 Aug 2026, 08:28 pm
General Updates
Mukta Arts Limited · MUKTAARTS
✦ AI SummaryRegulatory
Mukta Arts Limited has received a Show Cause Notice (SCN) from the office of the Commissioner of CGST and Central Excise, Vadodara Zone, under section 74 of the CGST Act, 2017. The SCN was received via email on 24th August, 2026, and the Company is seeking expert advice to contest the SCN and will submit its response accordingly.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment4/10
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Full Announcement
INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS ANDDISCLOSURE REQUIREMENTS) REGULATIONS, 2015
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26th August, 2026
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex,
Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051
Scrip Code: 532357 - EQ Symbol: MUKTAARTS – EQ
Kind Attn: Corporate Relations Department
Dear Sir/Madam,
SUB: INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND
DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
Pursuant to regulation 30, this is to inform you that Mukta A2 Cinemas Private Limited
(“Mukta A2”), a material subsidiary of Mukta Arts Limited (“the Company”) has received a
Show Cause Notice (‘SCN’) under section 74 of the CGST Act, 2017 dated 24th August,
2026 from the office of the Commissioner of CGST and Central Excise, Vadodara Zone.
The requisite details, as per Regulation 30 read with Schedule III of the SEBI Listing
Regulations and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
dated 30th January, 2026 as Annexure - A.
Mukta A2 had received the SCN via email on 24th August, 2026. The delay in intimation
was due to the time required for internal review and verification of the SCN to ensure an
accurate and complete disclosure is made to the Stock Exchanges.
Kindly take the above information on your records
Yours faithfully,
For Mukta Arts Limited
Pratiksha Panchal
Company Secretary & Compliance Officer
Encl: a/a
Annexure – A
Name of the Authorities Office of the Commissioner of CGST and
Central Excise Audit Commissionerate
Vadodara
Nature and details of the action(s) taken, Mukta A2 has received a Show Cause Notice in
initiated or order(s) passed; response to the GST Audit observation for the
financial year 2020-21, 2021-22, 2022-23 and
2023-24
Date of receipt of direction or order, SCN received via email on 24th August, 2026.
including any ad-interim or interim orders,
or any other communication from the
authority
Details of the violation(s)/contravention(s) In line with the audit observations highlighted
committed or alleged to be committed under various sections/Rules of the GST Act,
the department has asked the Mukta A2 to
regularize the contraventions of various
sections/Rules with consequential demand of
interest and penalty wherever applicable.
Mukta A2 is seeking an expert advice and
contest the SCN and will submit its response
accordingly.
Impact on financial, operation or other There is no material impact on financial,
activities of the listed entity, quantifiable in operation or other activities of the Company. In
monetary terms to the extent possible. the event any penalty is adjudicated and
becomes payable the same shall be payable by
Mukta A2.
The financial of Mukta A2 are consolidated with
the financials of the Company.