Delhivery Subsidiary Ecom Express Receives ₹1.67 Crore GST Demand Order for FY2019-20

1 min read     Updated on 17 Mar 2026, 04:52 PM
scanx
Reviewed by
Radhika SScanX News Team
Overview

Delhivery's subsidiary Ecom Express Limited received a GST order demanding ₹1,67,35,151 for FY2019-20, comprising ₹52,78,817 tax demand, ₹61,77,517 interest, and ₹52,78,817 penalty due to input tax credit disallowance. The company will appeal the order and expects no material impact on operations or financials.

35292148

*this image is generated using AI for illustrative purposes only.

Delhivery Limited has informed stock exchanges about a significant GST order received by its subsidiary Ecom Express Limited, involving a total demand of over ₹1.67 crore for the financial year 2019-20. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Regulations on March 17, 2026.

GST Order Details

Ecom Express Limited received an order dated March 16, 2026, from the Office of the Deputy Commissioner, Lucknow, Uttar Pradesh, under Section 74 of the Central Goods and Services Tax Act, 2017 and the Uttar Pradesh Goods and Services Tax Act, 2017.

Component: Amount (₹)
Tax Demand: 52,78,817
Interest: 61,77,517
Penalty: 52,78,817
Total Demand: 1,67,35,151

Nature of Violation

The GST demand has been raised on account of disallowance of input tax credit for the financial year 2019-20. The order was passed under the provisions of both central and state GST laws, indicating potential issues with the subsidiary's tax credit claims during that period.

Company's Response and Impact

Ecom Express Limited plans to file an appeal against the order with the appropriate appellate authority. The company has assessed that there will be no material impact on the financials, operations, or other activities of both Ecom Express and Delhivery Limited.

Regulatory Compliance

The disclosure was made by Company Secretary and Compliance Officer Madhulika Rawat in compliance with SEBI Listing Regulations. The information has also been hosted on the company's website at www.delhivery.com as part of transparency requirements.

This development represents a regulatory challenge for Delhivery's subsidiary, though the company maintains confidence in its position through the planned appeal process.

Historical Stock Returns for Delhivery

1 Day5 Days1 Month6 Months1 Year5 Years
-2.17%-1.09%-4.35%-14.67%+64.18%-22.92%

Delhivery Limited Schedules Investor Facility Visit at Lonad Mega Gateway for April 08, 2026

1 min read     Updated on 12 Mar 2026, 01:21 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Delhivery Limited has scheduled an investor facility visit for April 08, 2026, at its Lonad Mega Gateway in Bhiwandi, Maharashtra. The company notified stock exchanges under Regulation 30 of SEBI regulations, emphasizing that the visit will focus on facility operations overview without disclosing any unpublished price-sensitive information. Company Secretary Madhulika Rawat signed the notification on March 12, 2026, ensuring regulatory compliance and transparency.

34847476

*this image is generated using AI for illustrative purposes only.

Delhivery Limited has announced a facility visit for investors at its Lonad Mega Gateway in Bhiwandi, Maharashtra, scheduled for April 08, 2026. The company has formally notified both BSE Limited and National Stock Exchange of India Limited about this event in compliance with regulatory requirements.

Regulatory Compliance and Notification

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Madhulika Rawat signed the notification on March 12, 2026, ensuring proper disclosure to stock exchanges.

Parameter: Details
Event Date: April 08, 2026
Facility Location: Lonad Mega Gateway, Bhiwandi, Maharashtra
Event Type: Investor Facility Visit
Notification Date: March 12, 2026

Facility Visit Details

The visit is designed as a facility tour where investors will receive an overview of facility operations and related operational aspects. Delhivery has specifically clarified that this will be solely a facility visit focused on operational demonstrations and facility walkthroughs.

The company has emphasized its commitment to regulatory compliance by stating that no unpublished price-sensitive information (UPSI) will be disclosed during the visit that is not already available in the public domain. This ensures adherence to insider trading regulations and maintains transparency standards.

Corporate Information and Disclosure

Delhivery Limited operates from its corporate office located at Plot 5, Sector 44, Gurugram, Haryana, with its registered office situated at the Air Cargo Logistics Centre-II near IGI Airport, New Delhi. The company has made this disclosure available on its official website at www.delhivery.com for broader stakeholder access.

The notification was digitally signed by Madhulika Rawat, who serves as Company Secretary and Compliance Officer with membership number F8765, ensuring proper authentication and regulatory compliance for the facility visit announcement.

Historical Stock Returns for Delhivery

1 Day5 Days1 Month6 Months1 Year5 Years
-2.17%-1.09%-4.35%-14.67%+64.18%-22.92%

More News on Delhivery

1 Year Returns:+64.18%