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SRF Ltd. — Regulatory Filings 2023
Nov 20, 2023
61903_rns_2023-11-20_c37d501d-913d-4459-b75e-bc25e6d25f2f.pdf
Regulatory Filings
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The Corporate Relationship Department, National Stock Exchange of India Limited BSE Limited “Exchange Plaza” Ist Floor, New Trading Ring Rotunda Building, Bandra-Kurla Complex P.J. Towers Bandra (E) Dalal Street, Mumbai 400 051 Mumbai 400 001 Scrip Code- 503806 Scrip Code-SRF
SRF/SEC/BSE/NSE
20.11.2023
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir,
This disclosure is being made pursuant to Clause 20, Para A of Part A of Schedule III to the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 (“LODR”) upon imposition of penalty of Rs. 36,85,987 by the office of Assistant Commissioner, CGST & Cex, Division – II, Gwalior, Madhya Pradesh on the Company.
| i) | Name of Authority | Office of Assistant Commissioner CGST & Cex, |
|---|---|---|
| Division II, Gwalior | ||
| ii) | Nature and details of the action(s) taken, | Order for imposing penalty for demand of Cenvat |
| initiated or order(s) passed; | Credit amounting Rs. 36,85,987/- (Rupees Thirty Six | |
| Lacs Eighty Five Thousand Nine Hundred and Eighty | ||
| Seven Only) as per Rule 15 of Cenvat Credit Rules, | ||
| 2004 read with Section 11AC of Central Excise Act, | ||
| 1944 with respect to the period between April, 2008 | ||
| till September, 2011. | ||
| iii) | Date of receipt of direction or order, | Date of Order is 09.11.2023 and same was received |
| including any ad-interim or interim | on 18.11.2023. | |
| orders, or any other communication from | ||
| the authority; | ||
| iv) | Detailsofthe | Certain services on which the Company had claimed |
| violation(s)/contravention(s) committed | Cenvat credit (for the above period) are alleged to be | |
| or alleged to be committed; | ineligible for claiming Cenvat credit. | |
| v) | Impact on financial, operation or other | The Company will file the requisite appeals at the |
| activities of the listed entity, quantifiable | appellate level and is hopeful of a favourable | |
| in monetary terms to the extent possible. | outcome and does not expect the said Order to have | |
| any material financial impact on the Company. |
Kindly take this intimation on record. Thanking you, Yours faithfully,
For SRF Limited
Digitally signed by Rajat Lakhanpal Rajat Lakhanpal Date: 2023.11.20 18:37:10 +05'30'
Rajat Lakhanpal Sr. Vice President (Corporate Compliance) & Company Secretary
SRF LIMITED Block-C Sector 45 Gurugram 122 003 Haryana India Tel: +91-124—4354400 Fax: +91-124—4354500 E-mail: [email protected] Website: www.srf.com Regd. Office: Unit No. 236 & 237, 2nd Floor DLF Galleria, Mayur Place Noida Link Road Mayur Vihar Phase 1 Extension Delhi 110091
Corporate identity No. L181010L1970PLC005197