Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Archean Chemical Industries has informed that a penalty of Rs 6,37,408/- has been imposed on the Company by Assistant Commissioner CGST Audit, Circle-VI Gandhidham for various GST issues. The details as required to be provided as per sub-para 20 of Para A of Part A Schedule III of SEBI Listing Regulations is enclosed.