Comfort Commotrade Limited has received a recovery order from the Assistant Commissioner of State Tax demanding payment of Rs 2,25,19,203, including tax, interest, and penalty components. The company disclosed this development under Regulation 30 of SEBI Listing Regulations on March 28, 2026.

Recovery Order Details

The recovery order was passed under Section 79(1)(c)(i) of SGST Act, 2017, by the Assistant Commissioner of State Tax, Mazgaon, Mumbai. The company received the communication in the form of GST DRC-13 on March 27, 2026, at 1:50 PM (IST).

The order pertains to Financial Year 2020-21 and directs the company to pay the specified amount to the government.

Company's Response and Action Plan

Comfort Commotrade Limited has stated that it believes the order is not in accordance with its contentions and is in the process of filing an appeal against the decision. The company is evaluating the financial implications of the order but does not expect any material financial impact based on its preliminary assessment.

Regulatory Compliance

This disclosure follows the company's earlier communication bearing reference number CCL/SEC/2024-25/46 dated February 19, 2025. The current disclosure has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The information has been made available on the company's website at www.comfortcommotrade.com as part of its transparency and disclosure obligations.

Comfort Commotrade Limited has successfully concluded its postal ballot process for a key board appointment, with shareholders unanimously approving the appointment of a new independent director. The company announced the results on January 27, 2026, following the completion of the e-voting process.

Postal Ballot Resolution Details

The company conducted a postal ballot for one special resolution concerning the appointment of Mr. Ankit Tibrewala (DIN: 10940257) as director in the category of Non-Executive Independent Director. The resolution was classified as a special resolution, requiring a higher threshold for approval.

E-Voting Process and Timeline

The postal ballot was conducted entirely through remote e-voting, facilitated by National Securities Depository Limited (NSDL). The e-voting period commenced on December 25, 2025 at 9:00 A.M. IST and concluded on January 23, 2026 at 5:00 P.M. IST.

Voting Results and Shareholder Participation

The resolution received overwhelming support from shareholders, with 100% of the votes cast in favor of the appointment. A total of 77 members participated in the voting process, representing 5209424 shares.

Scrutinizer Appointment and Report

CS Ramadevi Satish Venigalla (Membership Number: 7345) was appointed as the scrutinizer for the postal ballot process. She was appointed by the Board of Directors on December 22, 2025, and submitted her report on January 27, 2026.

Company Information and Compliance

Comfort Commotrade Limited, with CIN L51311MH200PLC175688, conducted the postal ballot in compliance with various regulatory requirements including Sections 110 and 108 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The company has 7484 shareholders on record as of the cut-off date of December 19, 2025.

The detailed voting results and scrutinizer's report are available on the company's website at www.comfortcommotrade.com/investor-relations and on NSDL's e-voting platform at www.evoting.nsdl.com for stakeholder reference.