Audit7 April 2026 at 07:05 am
V-Guard Industries Receives Final Audit Report from Assistant Commissioner, CGST-Audit Circle, Kashipur
AI Summary
V-Guard Industries Ltd. has received the final audit report from the Assistant Commissioner, CGST-Audit Circle, Kashipur, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report is in response to the company's earlier intimation dated February 1, 2026. The company has received a short payment demand of INR 17,75,91,197 for the financial years 2020-21 to 2023-24, along with interest and penalty, which is yet to be quantified. The company is evaluating the report and plans to challenge the observations on merit.
Key Highlights
- V-Guard Industries Ltd. received the final audit report from the Assistant Commissioner, CGST-Audit Circle, Kashipur
- The report is in response to the company's earlier intimation dated February 1, 2026
- The company has received a short payment demand of INR 17,75,91,197 for the financial years 2020-21 to 2023-24
- Interest and penalty of an unquantified amount have also been demanded
- The company is evaluating the report and plans to challenge the observations on merit