UTL Industries has informed that on 16th September 2026, the Company received the Appeal Order along with the revised Demand Notice issued by the Appellate Authority under the Gujarat Goods and Services Tax (GST) Department. Pursuant to the said Order, the Company has been granted relief of Rs 5,36,600. However, a demand of GST demand of Rs 11,85,080, Interest of Rs 11,66,116 levying a penalty of Rs 1,18,282 remains outstanding as per the current Order. The Company intends to pursue a further appeal against the said Order before the appropriate authority. The details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Circular dated 13 July 2023, are enclosed as Annexure-A.
The above information is a part of company’s filings submitted to BSE.
