Grindwell Norton Limited has received a tax order from the Central Goods and Services Tax (CGST) authorities requiring payment of ₹5.36 lakh. The company disclosed this development under Regulation 30 of SEBI Listing Regulations on April 3, 2026.

Order Details and Financial Impact

The order from the Office of the Superintendent of CGST and Central Excise pertains to excess Input Tax Credit (ITC) claimed by the company during the financial years 2019-20 to 2023-24. The total liability comprises two equal components:

Company Response and Next Steps

Grindwell Norton has indicated it is evaluating all available options, including filing an appeal against the CGST order. The company's management has assessed that this order will not have any material impact on the financial, operational, or other activities of the organization.

Regulatory Compliance

The disclosure was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Girish T. Shajani signed the regulatory filing, ensuring proper notification to both the National Stock Exchange of India Limited and BSE Limited.

The order was received on April 3, 2026, and the company has promptly informed the stock exchanges about this development as required under the listing regulations.

Grindwell Norton Limited has initiated two important shareholder-focused campaigns following regulatory directives from the Investor Education and Protection Fund Authority (IEPFA) and Securities and Exchange Board of India (SEBI). The Grindwell Norton announcement, made through newspaper advertisements in Financial Express (English) and Loksatta (Marathi), outlines comprehensive procedures for shareholders to claim unpaid dividends and process physical share transfers.

Second 100-Day Saksham Niveshak Campaign

The IEPFA, under the Ministry of Corporate Affairs, has requested companies to undertake the Second 100-Day "Saksham Niveshak" Campaign through its intimation dated March 27, 2026. This initiative specifically targets shareholders who have unpaid or unclaimed dividends, encouraging them to update their documentation to facilitate direct payment and prevent transfer to IEPFA.

Documentation Requirements by Share Type

The campaign requires different documentation based on whether shares are held in physical or demat form:

For Physical Share Holdings:

• Request letter
• Original unclaimed warrant(s), if applicable
• Original cancelled cheque
• Duly filled KYC forms (ISR-1, ISR-2, SH-13/ISR-3)

For Demat Share Holdings:

• Request letter
• Self-attested Client Master List (CML), not older than 2 months
• Original cancelled cheque

Special Window for Physical Share Transfers

Pursuant to SEBI Circular No. SEBI/HO/38/13/11/2026-MIRSD-POD/13750/2026 dated January 30, 2026, Grindwell Norton has opened a special window for processing physical securities transactions. This facility covers securities sold or purchased prior to April 1, 2019, including previously rejected or unprocessed transfer requests.

Transfer Documentation Requirements

Standard Transfer Documents:

• Original physical share certificate(s)
• Transfer deed executed prior to April 1, 2019
• Proof of purchase/payment, if available
• Form SH-4 with transferee details and appropriate stamp duty
• Duly filled forms ISR-1, ISR-2, SH-13/ISR-3
• KYC documents of Transferee & Transferor (if available)
• Undertaking cum Indemnity

For Direct Credit of Securities:

• Client Master List (CML) of transferee, not older than 2 months, attested by Depository Participant
• Form ISR-4
• Demat Conversion Request Form (NSDL)/Demat Request Form (CDSL), signed by Beneficiary owner

Shareholder Support Services

For assistance with both campaigns, shareholders can contact the company's Registrar and Transfer Agent, MUFG Intime India Private Limited, located at C-101, Embassy 247, LBS Marg, Vikhroli (West), Mumbai 400 083. The RTA provides support through telephone (+91 81081 16767), email ( investor.helpdesk@in.mpmf.mufg.com ), and their website (in.mpmf.mufg.com). Required forms are available in the Resources section under Downloads on their website.