Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Bansal Wire Industries has informed that the Company has received Show Cause Notice (SCN) for Goods & Services Tax, Interest and Penalty under Section 74 of the CGST/ SGST Act, 2017 for the financial year 2020-21 on December 01, 2025. A similar notice had been issued by the Authority for FY 2019-20, and the matter was resolved with negligible amount. The Company is reviewing the SCN and evaluating its compliance obligations and hence, this disclosure is being made timely by the Company in compliance with Regulations 30 read with Para 8 of Part-A of Schedule Ill of SEBI LODR 2015, as amended, read with related SEBI Circulars issued in this regard. The company will be filing appropriate response to the said notice within the prescribed timelines with the appropriate authority. The details as required under Regulation 30 of the Listing Regulations is attached as Annexure - A. There is no material impact on financials, operations or other activities of the Company. A copy of this intimation is also being made available on the website of the Company www.bansalwire.com.
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|---|---|
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