Delhivery receives CGST order confirming tax demand of ₹29.54 lakh for FY 2020-21

1 min read     Updated on 13 Jul 2026, 09:51 AM
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Reviewed by
Naman SScanX News Team
AI Summary

Delhivery Limited received an order from the Office of the Assistant Commissioner CGST - Maharashtra under Section 74 of the CGST/Maharashtra GST Act, 2017, for FY 2020-21. The order confirms a tax demand of ₹29.54 lakh and a penalty of ₹29.54 lakh, totaling ₹59.08 lakh, arising from the disallowance of input tax credit. The company stated it will take necessary steps and that there is no material impact on its financials or operations.

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Delhivery Limited has received an order from the Office of the Assistant Commissioner CGST - Maharashtra under Section 74 of the CGST/Maharashtra GST Act, 2017, for FY 2020-21. The order confirms a tax demand of ₹29.54 lakh and a penalty of ₹29.54 lakh, totaling ₹59.08 lakh. The demand arises from the disallowance of input tax credit, though the company stated there is no material impact on its financials, operations, or other activities.

The order was received on July 09, 2026. The company indicated that it will take necessary steps regarding the aforesaid order. The disclosure was made under Regulation 30 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015.

Details of the GST Order

The following table outlines the key details of the regulatory order received by Delhivery :

Authority Office of the Assistant Commissioner CGST - Maharashtra
Nature of Action Order passed under Section 74 of the CGST/Maharashtra GST Act, 2017
Period FY 2020-21
Tax Demand ₹ 29,54,358/-
Penalty ₹ 29,54,358/-
Reason for Demand Disallowance of input tax credit
Date of Receipt July 09, 2026

Company Response

Delhivery Limited has confirmed that it intends to take necessary steps in response to the order. Despite the monetary demand, the company assessed the situation and concluded that there is no material impact on its financials, operations, or other activities. The information has been disclosed to the stock exchanges and will be available on the company's website.

Historical Stock Returns for Delhivery

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%-0.94%+9.60%+23.83%+19.05%-7.32%

What specific legal or appellate steps is Delhivery likely to take to challenge the order?

Could this order trigger similar scrutiny or demands for other financial years?

How might repeated GST disputes affect investor sentiment despite the lack of material financial impact?

Delhivery appoints Kabir Ahmed Shakir as Independent Director

1 min read     Updated on 10 Jul 2026, 06:41 PM
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AI Summary

Delhivery Limited announced that shareholders have approved the appointment of Mr. Kabir Ahmed Shakir as a Non-Executive Independent Director through a postal ballot. The special resolution secured 89.79% of the votes in favour, with 10.21% against, out of a total of 51.64 crore votes polled. The remote e-voting process was conducted by NSDL and scrutinized by M/s. VAPN & Associates.

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Delhivery Limited shareholders have approved the appointment of Mr. Kabir Ahmed Shakir as a Non-Executive Independent Director. The resolution was passed via a remote e-voting postal ballot process that concluded on July 9, 2026. The appointment includes provisions for the payment of remuneration to the new director.

The special resolution required a requisite majority and was approved with 89.79% of the total votes polled in favour. A total of 994 shareholders participated in the voting process, casting 51,64,18,706 votes. The scrutinizer's report confirmed that the resolution was passed with the necessary consent.

Voting Results

The detailed voting outcomes were disclosed in the scrutinizer's report submitted to the stock exchanges. The breakdown of votes cast by different categories of shareholders is provided below.

Category Votes For Votes Against % For % Against
Public-Institutions 46,02,73,381 5,27,22,852 89.72 10.28
Public-Non Institutions 34,12,317 10,156 99.70 0.30
Total 46,36,85,698 5,27,33,008 89.79 10.21

Postal Ballot Process

The remote e-voting process was managed by National Securities Depository Limited (NSDL). Voting commenced on June 10, 2026, and concluded on July 9, 2026. The notice for the postal ballot was dispatched to shareholders on June 9, 2026, and advertisements were published in the Financial Express and Jansatta on June 10, 2026.

Ashok, Partner of M/s. VAPN & Associates, served as the scrutinizer for the process. The report confirmed that the resolution was deemed to have been passed on the last date of remote e-voting, July 9, 2026, at 5:00 P.M. IST. The results were submitted to the stock exchanges on July 10, 2026.

Historical Stock Returns for Delhivery

1 Day5 Days1 Month6 Months1 Year5 Years
-0.25%-0.94%+9.60%+23.83%+19.05%-7.32%

What strategic expertise will Mr. Kabir Ahmed Shakir bring to Delhivery's board in the evolving logistics sector?

How might this appointment influence Delhivery's governance policies and future strategic decisions?

What impact could this leadership change have on investor confidence and stock performance?

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