United Heat Transfer Limited Secures Purchase Order Worth Rs. 63,00,000/- from FS Compressors India Private Limited

1 min read     Updated on 16 May 2026, 03:10 AM
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AI Summary

United Heat Transfer Limited has received a purchase order from FS Compressors India Private Limited for manufacturing and supply of Oil Cooler and After cooler, valued at approximately Rs. 63,00,000/- (excluding tax). The domestic order is to be delivered by 20th August, 2026, with payment terms of 40% advance against proforma invoice and 60% within 30 days from dispatch. The transaction is not a related party transaction, and no promoter or group company interest exists in the awarding entity. The disclosure was made on 15th May, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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United Heat Transfer Limited has secured a purchase order from FS Compressors India Private Limited for the manufacturing and supply of Oil Cooler and After cooler. The order, disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is valued at approximately Rs. 63,00,000/- (excluding tax) and pertains to supply at the client's domestic plant.

Order Details

The company filed the disclosure on 15th May, 2026, signed by Mr. Yogesh Vishwanath Patil, Chairman & Managing Director. The key parameters of the purchase order are summarised below:

Parameter: Details
Ordering Entity: FS Compressors India Private Limited
Nature of Order: Manufacturing and supply of Oil Cooler and After cooler
Order Value: Rs. 63,00,000/- approximately (excluding tax)
Order Type: Domestic
Delivery Deadline: 20th August, 2026
Payment Terms: 40% advance against PI; balance 60% within 30 days credit from date of dispatch
Related Party Transaction: No
Promoter/Group Interest: No

Transaction and Compliance Details

The purchase order has been confirmed as a domestic transaction with no involvement of the promoter, promoter group, or group companies in the entity awarding the order. The company has also confirmed that this transaction does not fall within the purview of related party transactions. The disclosure was made in compliance with SEBI circulars, including SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The payment structure requires 40% advance against the proforma invoice, with the remaining 60% to be settled within 30 days credit from the date of dispatch, providing a defined financial framework for order execution. The order is scheduled to be delivered by 20th August, 2026.

Historical Stock Returns for United Heat Transfer

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+8.28%-8.90%-22.56%-2.08%-15.17%

Could this order from FS Compressors India signal the beginning of a longer-term supply relationship, and what is United Heat Transfer's strategy for expanding its client base in the industrial compressor segment?

How does this Rs. 63 lakh order compare to United Heat Transfer's typical order sizes, and what impact might it have on the company's revenue trajectory for FY2026-27?

Given the August 2026 delivery deadline, what are the potential supply chain or raw material risks that could affect United Heat Transfer's ability to fulfill this order on time?

United Heat Transfer Limited Receives GST ASMT-10 Notice for ₹7,63,695 Liability Pertaining to FY2022-23

1 min read     Updated on 07 May 2026, 09:59 AM
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AI Summary

United Heat Transfer Limited received a GST ASMT-10 notice from the Office of the Deputy Commissioner of State Tax, GST Department of Maharashtra, dated 04th May, 2026, and received via email on 05th May, 2026. The notice pertains to a GST liability of ₹7,63,695/- for FY2022-23, arising from a discrepancy between GST payable and GST paid in GSTR-9. The company has stated it availed ITC from previous years' amended Debit Notes and confirmed there is no immediate impact on its finances, operations, or other activities. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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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:

Parameter: Details
Issuing Authority: Office of the Deputy Commissioner of State Tax, GST Department of Maharashtra
Notice Type: GST ASMT-10 — Notice for intimating discrepancies in return after scrutiny
Notice Date: 04th May, 2026
Date of Receipt: 05th May, 2026
GST Liability: ₹7,63,695/-
Period: FY2022-23
Nature of Discrepancy: Difference between GST payable and GST paid in GSTR-9

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.

Historical Stock Returns for United Heat Transfer

1 Day5 Days1 Month6 Months1 Year5 Years
+0.18%+8.28%-8.90%-22.56%-2.08%-15.17%

How might United Heat Transfer's ITC claim from prior-year amended Debit Notes hold up under scrutiny, and what precedent could this set for similar GST disputes in the manufacturing sector?

Could this GST notice trigger a broader audit of United Heat Transfer's filings for other financial years, potentially exposing additional tax liabilities?

How might repeated GST compliance discrepancies impact United Heat Transfer's credit rating, investor confidence, or future fundraising ability on the NSE?

More News on United Heat Transfer

1 Year Returns:-2.08%