NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company1d ago · 29 Aug 2026, 09:22 am

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Godavari Biorefineries Limited · GODAVARIB

✦ AI Summary▼ NegativeRegulatory

Godavari Biorefineries Limited has received a show-cause notice from the Office of the Commercial Tax Officer (Enforcement) regarding short payment/non-payment/availed ineligible input tax credit for the tax period 2022-23, with a total GST demand of approximately Rs. 10,57,05,586, including applicable interest and penalty.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment4/10

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Godavari Biorefineries Limited has informed the Exchange about received show cause notice

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GODAVARIBIO_29082026092212_Intimation_to_SE.pdf

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Dated: August 29, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Tower, Bandra Kurla Complex, Bandra (E), Dalal Street Mumbai – 400 051 Mumbai-400001 Script Symbol: GODAVARIB Script Code:544279 Dear Sir / Madam, Sub: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Demand Notice Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para B of Part A of Schedule III, this is to inform you that the Company has received a show- cause notice from the O(cid:431)ice of the Commercial Tax O(cid:431)icer (Enforcement) , DGSTO, Jamkhandi, Karnataka regarding short payment/ non-payment/ availed ineligible input tax credit for the tax period 2022-23 The requisite disclosure, pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI Listing Regulations, 2015, is enclosed herewith as “Annexure A”. The Company is in the process of examining the notice and shall take appropriate legal steps, including filing replies/appeals, as may be advised This is for your information and record. For Godavari Biorefineries Limited Manoj Jain Company Secretary & Compliance O(cid:431)icer Membership No. F-7998 ANNEXURE Disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Para B of Part A of Schedule III SN Particulars Details 1 Date of receipt of communication Received on 28th August, 2026 at 5.43 PM through from the Authority email. 2 Brief details of litigation viz. name(s) The Office of the Commercial Tax Officer of the opposing party, court/ (Enforcement), DGSTO, Jamkhandi, Karnataka, tribunal/agency where litigation is issued a Show Cause Notice regarding short filed, brief details of payment/ non-payment/ availed ineligible input dispute/litigation tax credit for the tax period 2022-23 The Notice was issued under sub-section (1) of Section 73 of the CGST/KGST Act, 2017 r/w rule142(1)(a) of the CGST/KGST Rules, 2017 for recovery of tax paid/short paid on account of excess/ ineligible input tax credit availed and utilised for tax period 2022-23 of Rs. 18,12,85,079 including applicable interest and penalty. 3 Expected financial implications, if The Company is evaluating the material impact on any, due to compensation, penalty, the financial, operational, or other activities. etc. The Company is in the process of examining the notice and shall take appropriate legal steps, including filing reply /appeal as may be advised. 4 Quantum of Claims, if any. Total GST Demand is approx. Rs. 10, 57, 05,586 (IGST Rs. 5,13,15,761 and CGST Rs. 2,68,70,524, SGST Rs. 2,68,70,524 and CESS Rs. 6,48,777) together with applicable interest of Rs. 6,50,08,935 under section 50 of the of the Act and penalty amount of Rs. 1,05,70,559. For Godavari Biorefineries Limited Manoj Jain Company Secretary & Compliance O(cid:431)icer Membership No. F-7998