Bansal Wire Industries secures trial order for Steel Tyre Cord

Bansal Wire Industries has successfully secured a trial purchase order for its Steel Tyre Cord product from one of the largest tyre manufacturers in the industry. This order follows a thorough evaluation of the company's samples, where the manufacturer recognized the quality and appropriateness of the product. The achievement represents a significant step towards achieving targeted growth objectives and reinforces the company's commitment to quality and innovation in the market.

The recognition from such a prominent player underscores Bansal Wire Industries' competitive edge in a highly technical sector characterized by stringent quality requirements and extensive approval processes. The company views this development as a crucial milestone in its expansion strategy within the steel wire manufacturing domain.

Regulatory Disclosure

The intimation was submitted to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereof. The filing was made to inform the exchanges about the receipt of the trial purchase order.

Detail:	Information
Signatory:	Ghanshyam Das Gujrati, Chief Financial Officer
Disclosure Date:	June 13, 2026
Regulation:	SEBI (LODR) Regulations, 2015 — Regulation 30

Ghanshyam Das Gujrati, Chief Financial Officer of Bansal Wire Industries, signed the disclosure on June 13, 2026. The company has also made a copy of this intimation available on its website.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.91%	+3.38%	-0.69%	+0.33%	-18.79%	-10.10%

Bansal Wire Industries Limited has received a favorable appeal order in a GST matter for the financial year 2023-24, resulting in a significant reduction of its tax liability. The appeal order, dated May 18, 2026, was received at 12:50 P.M. (IST) from the Additional Commissioner Grade-II Appeal (Appellate Authority). The development was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background of the GST Matter

The company had earlier, on January 08, 2026, intimated the exchanges about a reduction in tax liability and its intention to file an appeal against a GST assessment order issued by the Joint Commissioner, SGST, Corporate Circle-I, Ghaziabad Zone-I. The original assessment was raised under Section 74 of the CGST/SGST Act, 2017 for the financial year 2023-24. The alleged issues in the matter pertained to E-way bill irregularities, availment of blocked and excess Input Tax Credit (ITC), and non-payment of tax on the sale of RODTEP license.

Key Details of the Appeal Order

The following table summarizes the key particulars of the appeal order as disclosed by the company:

Parameter:	Details
Authority:	Additional Commissioner Grade-II Appeal (Appellate Authority)
Date of Receipt:	May 18, 2026 at 12:50 P.M. (IST)
Financial Year:	2023-24
Original Tax Liability:	Rs. 39,87,711/-
Amount Paid:	Rs. 44,491/-
Balance Amount Reduced:	Rs. 39,43,220/- reduced to Nil
Financial Impact:	No financial, operational, or other business impact

Outcome and Compliance Implications

Pursuant to the favorable appeal order, Bansal Wire Industries has paid Rs. 44,491/- out of the original demand of Rs. 39,87,711/-. The balance amount of Rs. 39,43,220/- has been reduced to Nil. The company stated that the order reaffirms its strong compliance framework and that the matter has no financial, operational, or other business impact on the company.

The disclosure was made by Sumit Gupta, Company Secretary and Compliance Officer of Bansal Wire Industries, and a copy of the intimation has been made available on the company's website at www.bansalwire.com .