Jubilant Agri and Consumer Products Limited has filed a regulatory declaration confirming that its promoters have not created any encumbrance on company shares during the financial year ended March 31, 2026. The declaration, submitted on April 2, 2026, was filed with both BSE and NSE in compliance with SEBI regulations.

Regulatory Compliance Declaration

The company submitted the declaration under Regulation 31(4) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that promoters and persons acting in concert have not made any encumbrance, directly or indirectly, on the shares of the target company during FY26, other than those already disclosed to stock exchanges and the company.

Promoter Group Details

The declaration covers a comprehensive list of promoters and promoter group entities. The key stakeholders include:

Declaration Significance

The filing ensures transparency in promoter shareholding and provides assurance to investors and regulatory authorities about the absence of any new encumbrances on promoter shares. This declaration is a mandatory requirement under SEBI regulations and demonstrates the company's commitment to regulatory compliance.

Filing Authority

The declaration was signed by Diwakar Agrawal, Company Secretary of Jubilant Consumer Private Limited, on behalf of the promoters and promoter group. The document was submitted to the Audit Committee of Jubilant Agri and Consumer Products Limited and filed with both major stock exchanges for regulatory compliance and investor information.

Jubilant Agri & Consumer Products Limited has received a GST order from Maharashtra tax authorities regarding differential rates on bottling charges, with the company planning to contest the demand through an appeal process.

GST Order Details

The Assistant Commissioner of State Tax-Maharashtra issued Order in Original reference no. ZD2702260475757 dated February 10, 2026, which was received by the company on February 13, 2026 at 10:28 A.M (IST). The order relates to erstwhile Jubilant Industries Limited (JIL), which was merged with Jubilant Agri and Consumer Products Limited effective from October 03, 2024 vide NCLT, Allahabad Bench, Order dated August 07, 2024.

Nature of Dispute

The GST investigation team observed that Jubilant Industries Limited (JIL) Nira, Maharashtra provided bottling services to Allied Blenders and Distillers Limited during financial year 2019-20. JIL raised invoices for bottling services at a GST rate of 5%, while the GST authorities contend that the tax rate should have been 18%. JIL was previously engaged in the business of manufacturing Indian made foreign liquor (IMFL).

Company's Response Strategy

The company has announced its intention to file an appeal before the GST Appellate Authority, challenging the order on substantive grounds. Management believes the order passed is incorrect and maintains strong grounds to contest the case on merits.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has simultaneously posted the relevant documents on its website at www.jacpl.com as part of its transparency and compliance obligations.

The company expects no financial or operational impact from this order, given its confidence in the appeal process and the merits of its case against the differential GST rate application on bottling charges.