Balkrishna Industries Limited has completed its quarterly regulatory compliance by submitting the mandatory certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The submission demonstrates the company's adherence to securities market regulations governing depositories and participants.

Regulatory Filing Details

The compliance certificate was formally submitted to stock exchanges on April 13, 2026, bearing reference number BIL/SE/2026-27. Vipul Shah, Director & Company Secretary and Compliance Officer (DIN: 05199526), signed the submission on behalf of Balkrishna Industries Limited.

Stock Exchange Submissions

The certificate was submitted to both major Indian stock exchanges where Balkrishna Industries shares are traded. The company maintains listings on BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and National Stock Exchange of India Ltd at Exchange Plaza, Bandra Kurla Complex.

Registrar Certifications

KFin Technologies Limited, acting as Registrar & Transfer Agent for Balkrishna Industries, provided supporting certificates to both depositories. Ganesh Chandra Patro, Deputy Vice President at KFin Technologies, signed certificates dated April 2, 2026, for both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).

The certificates confirm that all required details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been properly furnished to stock exchanges where the company's shares are listed, as mandated under SEBI regulations.

Company Operations

Balkrishna Industries Limited operates from its facility at B-66, Waluj MIDC, Waluj Industrial Area, Aurangabad, Maharashtra 431136. The regulatory filing ensures transparency in securities transactions and maintains compliance with depositories and participants regulations established by the Securities and Exchange Board of India.

Balkrishna industries Limited has received an adjudication order from tax authorities demanding Rs. 4.80 crores, covering financial years 2021-22 to 2023-24. The company disclosed this development through a regulatory filing under Regulation 30 of SEBI LODR Regulations on March 31, 2026.

Order Details and Authority

The adjudication order was issued by the Additional Commissioner of CGST & Central Excise, Mumbai Central Commissionerate, under section 74(1) of CGST/MGST Act, 2017 read with Section 11 of Compensation Cess Act, 2017. The company received intimation of the order on March 30, 2026, at 5:48 PM via email.

Nature of Alleged Violations

The demand has been confirmed along with equivalent penalty on account of two main issues:

• Availment of inadmissible credit
• Non-payment of tax under reverse charge mechanism

The order was issued under the provisions of CGST/MGST Act, 2017, indicating violations related to goods and services tax compliance during the specified period.

Company's Response and Impact Assessment

Balkrishna Industries has stated that there is no impact on the financial, operational, or other activities of the company due to the alleged tax demand. The company emphasized that the order is appealable and confirmed it is in the process of contesting the decision at the higher appellate level.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of SEBI LODR Regulations, 2015. The information has also been placed on the company's website at www.bkt-tires.com for public access. This regulatory filing ensures transparency regarding material developments that could potentially affect stakeholder interests.