United Heat Transfer Limited has disclosed the receipt of a GST ASMT-10 notice — formally titled 'Notice for intimating discrepancies in the return after scrutiny' — from the Office of the Deputy Commissioner of State Tax, Goods and Services Tax (GST) Department of Maharashtra. The notice is dated 04th May, 2026, and was received by the company via email on 05th May, 2026, at around 4:30 p.m. The disclosure has been made in pursuance of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024.

Nature of the GST Notice

The GST ASMT-10 notice pertains to a GST liability of ₹7,63,695/- for the financial year 2022-23. According to the company's disclosure, the notice was issued on the grounds that there is a difference in the amount of GST payable and GST paid as reflected in GSTR-9, with the difference amounting to ₹7,63,695/-. The authority issuing the notice is the Office of the Deputy Commissioner of State Tax, Goods and Services Tax Department of Maharashtra.

Key Details of the Notice

The following table summarises the key particulars of the GST notice as disclosed by the company:

Company's Response and Financial Impact

United Heat Transfer Limited has stated in its disclosure that the company availed Input Tax Credit (ITC) from previous years' amended Debit Notes. The company has further clarified that there is no immediate impact on its finances, operations, or other activities owing to the said notice. The intimation was filed with the National Stock Exchange of India Ltd. and is to be made available on the company's website as well.

The disclosure was signed by Mr. Yogesh Vishwanath Patil, Chairman & Managing Director (DIN: 00103349), on behalf of the Board of Directors of United Heat Transfer Limited, formerly known as United Heat Transfer Private Limited.

United Heat Transfer Limited has announced the receipt of a significant purchase order from Ingersoll-Rand (India) Limited, marking another milestone in the company's business operations. The order, valued at Rs 25,50,000/- (excluding tax), involves the manufacturing and supply of heat exchanger equipment.

Order Details and Specifications

The purchase order encompasses the manufacturing and supply of heat exchanger equipment to be produced at United Heat Transfer Limited's domestic manufacturing facility. The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on April 28, 2026.

Commercial Terms and Timeline

The contract establishes clear commercial parameters for the transaction. The order specifies net 45-day payment terms, providing a standard commercial framework for the business relationship. The delivery schedule requires completion by May 30, 2026, giving the company approximately one month to fulfill the manufacturing and supply requirements.

The transaction represents a purely domestic arrangement, with both the client and supplier operating within India. This domestic nature of the contract aligns with United Heat Transfer Limited's focus on serving the Indian industrial market.

Regulatory Compliance and Transparency

The company has confirmed that this transaction does not constitute a related party arrangement, ensuring arm's length commercial terms. The disclosure follows SEBI guidelines, including recent circulars dated July 13, 2023, and November 11, 2024, demonstrating the company's commitment to regulatory compliance and transparency.

The announcement was signed by Mr. Yogesh Vishwanath Patil, Chairman & Managing Director, on behalf of the Board of Directors, reflecting proper corporate governance procedures in the disclosure process.