Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and amendments thereto, Kranti Industries has informed that, the Deputy Commissioner of State Tax, Vadodara, Gujarat has passed a Final Appellate Order in favour of the Company. In this case, an incorrect vehicle number was inadvertently mentioned in E-Way Bill. The vehicle was intercepted by the Gujarat State Tax Officer and had imposed a penalty of ?11,11,024/- under Section 129(3) of the GST Act, 2017 against which the Company had filed an appeal. The compny has informed that, the Deputy State Tax Commissioner has now issued the Final Order, confirming that this was only a clerical error. The refund of ?11,01,024/- will be initiated after deduction a penalty amounting of ?10,000/-. The disclosure as required under Regulation 30 of SEBI (LODR) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is enclosed as an Annexure- A.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
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