Aether Industries Limited Receives GST Demand Notice Worth Rs 4.26 Crore

Aether Industries Limited has informed the stock exchanges about receiving a Demand and Show Cause Notice from the Additional Commissioner (AE), CGST & Central Excise Commissionerate, Surat. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

The notice, dated April 23, 2026, demands Rs 4,26,16,311 along with interest thereon. The demand arises from the disallowance of tax credit availed over various expenses made during FY 2020-21 and FY 2021-22 towards the Initial Public Offer of the company.

Key Details of the Notice

Particulars	Details
Name of Authority	Additional Commissioner (AE), CGST & Central Excise Commissionerate, Surat
Amount of Demand	Rs 4,26,16,311
Date of Receipt	April 23, 2026
Period Covered	FY 2020-21 and FY 2021-22
Nature of Disallowance	Tax credit on IPO-related expenses

The company has clarified that this notice will not have any material implication on its operations. Aether Industries stated that it will submit an appropriate response before the issuing authority. Necessary updates and progress regarding the matter will be communicated to the exchanges in due course.

The disclosure was signed by Chitrarth Rajan Parghi, Company Secretary & Compliance Officer of Aether Industries Limited, on April 24, 2026. The company is registered at Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat.

Material Implication

The company explicitly stated that this notice will not have any material implication over operations of the Company. The management is confident in its position and will submit the appropriate response before the issuing Authority. Necessary update and progress will be communicated accordingly to the stock exchanges and stakeholders.

Particulars	Details
Registered Office	Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India
Phone	+91-261-6603000
Email	info@aether.co.in
Website	www.aether.co.in
CIN	L24100GJ2013PLC073434

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.29%	+4.09%	+10.38%	+60.80%	+51.66%	+57.27%

Meeting Schedule and Participants

The company has scheduled one-on-one physical meetings with five prominent institutional investors on April 10, 2026:

Date:	April 10, 2026
Investors:	Abakkus Investment Managers
	HDFC Mutual Fund
	SBI Mutual Fund
	White Oak Mutual Fund
	Saltoro Investment Advisors
Meeting Type:	One on one
Mode:	Physical

Regulatory Compliance

The investor meeting schedule has been submitted in accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended from time to time. This regulation mandates companies to inform stock exchanges about material events and information that could impact investor decisions.

Key Meeting Parameters

Aether Industries Limited has emphasized that no Unpublished Price Sensitive Information (UPSI) is intended to be discussed during these meetings. This ensures compliance with insider trading regulations and maintains transparency in investor communications. The company has also noted that the meeting schedule remains subject to change by either the investors or the company.

Corporate Information

The communication was signed by Chitrarth Rajan Parghi, Company Secretary & Compliance Officer (Mem. No.: F12563), and submitted to both BSE Limited and National Stock Exchange of India Limited. The company's registered office is located at Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India.