14th May '24: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Order under Goods & Service Tax Act, 2017. More
May 14, 2024 at 12:27 pm IST
Share
BGR ENERGY SYSTEMS LIMITED
443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24301000, 24374000, FAX: 91 44 24360576 Web site: www.bgrcorp.com
May 14, 2024
National Stock Exchange of India Limited
BSE Limited
Listing Department
Department of Corporate Services
Exchange Plaza, Bandra Kurla Complex,
PJ Towers, Dalal Street,
Bandra (E), Mumbai - 400 051
Fort, Mumbai - 400 001
NSE Symbol: BGRENERGY
BSE Scrip: 532930
Dear Sir/Madam,
Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Order under Goods & Service Tax Act, 2017.
Pursuant to Regulation 30 read with other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has received a demand order from:
Deputy Commissioner of GST, Kanpur dated 26.04.2024
Deputy Commissioner of GST, Raipur dated 25.04.2024 Kindly take the above information on record.
Thanking You,
Yours truly,
For BGR Energy Systems Limited
RAGHUPATHY ARJUN GOVIND
Digitally signed by
RAGHUPATHY ARJUN GOVIND
Date: 2024.05.14 11:13:49 +05'30'
Arjun Govind Raghupathy
Managing Director
REGISTERED OFFICE:
A-5 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, SULURPET TALUK, NELLORE DISTRICT, ANDHRA PRADESH 524401 INDIA.
TEL: 91 44 27948249, 27948549
Corporate Identity Number: L40106AP1985PLC005318
Annexure - A
(Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circulars dated July 11, 2023)
Sr.
Details of the event that needs
Information of such events(s)
No.
to be provided
1.
Name of the authority
Deputy Commissioner of GST, Raipur,
Chhattisgarh
The GST Department has passed an order under
Nature and details of the action(s)
Rule 100(1), 100(2), 142(5) of GST Act for the
2.
Financial Year 2018-19 for Rs.20.99 crores
taken, initiated or order(s) passed
[Tax: Rs.10.63 Crores; Interest: 9.29 Crores
and Penalty: Rs.1.07 Crores]
Date of receipt of direction or
3.
order, including any ad-interim or
25.04.2024
interim orders, or any other
communication from the authority
Details of the violation(s) /
Demand under DRC-07 - Order under Section
73 - Rules 100(1), 100(2), 100(3), 142(5) of
4.
contravention(s) committed or
the GST Act citing "amendment, RCM, etc." for
alleged to be committed
the FY 2018-19
There is no material impact on the financials and
Impact on financial, operation or
operations or other activities of the Company.
5.
other activities of the listed entity,
quantifiable in monetary terms to
The Company believes that the above demands
the extent possible.
are not maintainable and hence and the
Company is in the process of filing an appeal.
Annexure - B
(Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circulars dated July 11, 2023)
BGR Energy Systems Limited published this content on
14 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
14 May 2024 06:56:02 UTC.
BGR Energy Systems Limited is a manufacturer of capital equipment for power plants, petrochemical industries, refineries and process industries. It undertakes a turnkey balance of plant (BOP) and engineering procurement and construction (EPC) contracts for power plants. Its segments include Capital goods segment, and Construction and EPC contracts segment. It operates through five business divisions: Power projects, Electrical projects, Oil and Gas equipment, Environmental engineering and Air Fin Coolers. Power projects offer turnkey solutions for power plants. Electrical projects division provides a portfolio of services in electrical contracting and customized solutions to electrical utilities. Oil and Gas equipment division offers process equipment package and systems, pipeline equipment, such as pig launchers/receivers, compressor packaging and storage tanks. Its subsidiaries include BGR Boilers Private Limited, BGR Turbines Company Private Limited and Sravanna Properties Limited.
14th May '24: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Order under Goods & Service Tax Act, 2017. More