Hindustan Tin Works Limited has disclosed the receipt of a Show Cause Notice (SCN) from the Excise & Taxation Officer cum Proper Officer (State GST), Ward - 05, Sonepat, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice, received by the company on 19th May, 2026, pertains to the fiscal period April 2020 to March 2021 and has been issued under Section 74 of the HGST Act, 2017.

Details of the Show Cause Notice

The SCN has been raised by the State GST authority in connection with alleged contraventions for FY 2020-21. The following table summarises the key details of the notice as disclosed by the company:

Financial Implications and Company Assessment

The total amount demanded under the SCN, inclusive of GST, interest, and penalty, stands at Rs. 6,47,23,062/-. The underlying GST component of the demand amounts to Rs. 2,09,16,858/-, with the remainder constituting interest and penalty charges as levied by the authority.

Hindustan Tin Works has stated that, based on its internal assessment, it reasonably expects a favorable outcome in the matter. The company has further clarified that the issuance of the Show Cause Notice is not expected to have any material impact on its financial position, operations, or other business activities.

Regulatory Disclosure

The disclosure was made in compliance with Regulation 30 and sub-para 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations. The communication was signed by Rajat Pathak, EVP (Finance) & Company Secretary, from the company's registered and corporate office at 426, DLF Tower-A, Jasola, New Delhi - 110025.

Hindustan Tin Works Limited has notified the BSE Limited about the Securities and Exchange Board of India's special window for transfer and dematerialisation of physical securities. The announcement comes following SEBI's circular dated January 30, 2026, which introduces measures to facilitate easier investment processes for retail investors.

SEBI's Special Transfer Window Details

The Securities and Exchange Board of India has issued Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, titled "Ease of Doing Investment – Special Window for Transfer and Dematerialisation of Physical Securities." This circular establishes a special one-year window to facilitate the transfer and dematerialisation of physical securities.

Transfer Process and Requirements

The special window allows investors to re-lodge transfer deeds for securities that were previously rejected, returned, or not processed due to deficiencies in documents or processes. Investors must furnish all necessary documents, duly completed in all respects, to the company's Registrar and Transfer Agent.

The securities transferred under this scheme will be credited only in dematerialised form. Additionally, these securities will be subject to a lock-in period of one year from the date of registration of transfer, in accordance with SEBI guidelines.

Registrar and Transfer Agent Information

Investors seeking to utilise this special window must submit their documents to the company's designated Registrar and Transfer Agent:

Documentation and Compliance

The SEBI circular can be accessed through the regulator's official website, and the information is also available on Hindustan Tin Works Limited's corporate website. The company has emphasised that all transfer deeds and supporting documents must be complete in all respects to ensure smooth processing during the special window period.

This initiative by SEBI aims to resolve long-pending transfer cases and encourage the dematerialisation of physical securities, thereby enhancing the efficiency of the securities market and reducing paperwork for investors.