Century Enka Limited has received penalty notices aggregating ₹16,97,810 from Gujarat state tax authorities under the Goods and Services Tax Act. The company disclosed this development under Regulation 30 of SEBI regulations on 29th April 2026.

Penalty Notice Details

The company received three separate notices under Section 129(3) of the Gujarat Goods and Services Tax Act, 2017 from the office of the Deputy Commissioner of State Tax (Enforcement) Division-8, located at C/4, Multy Store Building, Nanpura, Surat. The notices were received on 28th April 2026.

Nature of Violation

The penalties have been levied under Section 129(1) of the Gujarat Goods and Services Tax Act, 2017. Each penalty amount includes the applicable tax along with a penalty equivalent to 100% of the tax payable. The violations relate to mismatch or incorrect customer addresses in the company's GST filings.

Company's Response and Impact

Century Enka has indicated that it plans to contest the demand raised by the tax authorities. According to the company's disclosure, it does not expect the penalty to have any material financial impact on its operations. The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The disclosure was made by Rahul Dubey, VP-Legal & Company Secretary (FCS 8145), ensuring compliance with regulatory requirements for listed entities. The company provided detailed information as required under sub-para 20 of Para A of Part A of Schedule III of SEBI regulations through official communication to both BSE and NSE.

Century Enka Limited has announced the opening of a special window for shareholders to re-lodge physical share transfer requests that were previously rejected or returned. This initiative follows a recent regulatory directive from the Securities and Exchange Board of India (SEBI) aimed at facilitating pending share transfers.

Regulatory Background and Timeline

SEBI had imposed a ban on physical share transfers effective April 1, 2019, requiring all share transfers to be conducted in dematerialized form. However, recognizing the challenges faced by shareholders with pending transfer requests, SEBI issued circular number HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, providing relief to affected shareholders.

Eligibility Criteria for Transfer Requests

The special window covers specific categories of transfer requests based on their submission dates and current status. Shareholders need to verify their eligibility before submitting applications during this period.

Important Guidelines and Procedures

Shareholders must ensure they meet all requirements before submitting their transfer requests. The company emphasizes that cases related to disputes between transferor and transferee, or matters under the Investor Education and Protection Fund (IEPF), will not be considered under this special window.

Key requirements include:

• Valid share certificates must be available
• Proper documentation as per regulatory requirements
• Submission within the specified timeframe
• Compliance with KYC norms

Contact Information and Support

For assistance and clarification regarding the transfer process, shareholders can contact the company or its registrar and share transfer agent using the details provided below:

Dematerialization Benefits

The company strongly advises shareholders holding physical certificates to consider dematerializing their shares. Dematerialized holdings offer numerous advantages including easier transfers, reduced paperwork, elimination of risks associated with physical certificates, and faster settlement processes. This special window provides an opportunity for shareholders to complete pending transfers and subsequently convert to electronic form.

The announcement was signed by Rahul Dube, Deputy Managing Director and Company Secretary of Century Enka Limited, and is dated April 28, 2026.