Birla Corporation Limited has been assigned an Environmental, Social and Governance (ESG) score of 63 by ESG Risk Assessments & Insights Limited. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company clarified that it did not engage ESG Risk Assessments & Insights Limited for the rating. Instead, the agency independently assigned the score based on publicly available information. The review was conducted voluntarily by the assessment firm.

Disclosure Details

The company received the information on August 17, 2026, at approximately 10:25 pm. The disclosure was subsequently issued on August 18, 2026, and uploaded to the company’s website.

Manoj Kumar Mehta, Company Secretary and Legal Head, signed the disclosure.

Birla Corporation disclosed on August 12, 2026, that its wholly owned material subsidiary, RCCPL Private Limited (RCCPL), has received a demand cum show cause notice from the Joint Commissioner, Central Goods & Service Tax (CGST) & Central Excise, Nagpur-I Commissionerate. The notice pertains to an alleged excess availment of Input Tax Credit (ITC) involving an amount of ₹10,30,06,338, along with an equivalent penalty and applicable interest, for the financial years 2020-21 and 2022-23.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company received the intimation on August 11, 2026, at approximately 12:57 p.m. (IST).

Details of the Notice

The show cause notice was issued under Section 74(1) of the Central Goods and Services Tax Act, 2017, and the Maharashtra Goods and Services Tax Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017. The authorities allege wrongful availment of ITC in contravention of Section 16(2) of the CGST Act, 2017. The allegation is based on a negative balance reflected in Table 8D of GSTR-9 for the specified financial years.

Company Response and Impact

Birla Corporation stated that the notice has no impact on the financial position, operations, or other activities of RCCPL. The company maintains that the notice lacks merit and is not maintainable, as it is based merely on the differential Input Tax Credit reflected in Table 8D of GSTR-9.

RCCPL has received a favorable order in a similar matter previously. The subsidiary is currently in the process of submitting its reply within the prescribed time period. Manoj Kumar Mehta, Company Secretary & Legal Head of Birla Corporation, signed the disclosure.