Voltas received a show cause notice from GST authorities alleging a tax shortfall of ₹15.43 crore for FY23, along with a potential interest and penalty of ₹14.79 crore.

The notice was issued by the Office of the Deputy Commissioner State Tax, Andheri East, Mumbai, on September 18, 2026. It cites the Central Goods and Services Tax Act, 2017, read with the Maharashtra Goods and Services Tax Act, 2017, and the Integrated Goods and Service Tax Act, 2017.

Regulatory Disclosure

The company disclosed the receipt under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made on September 21, 2026, the first working day after receiving the notice after office hours on Friday.

Company Response

Voltas stated it is evaluating the matter and will submit its reply within the prescribed time period. The company asserted there is no material impact on its financials, operations, or other activities due to this notice.

Voltas Limited has scheduled a group institutional analysts meet and two one-on-one institutional investor meets on September 22, 2026. The company notified the exchanges of the schedule to facilitate engagement with market participants.

Regulatory Compliance

The intimation was issued in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the notice with both BSE Limited and National Stock Exchange of India Limited on September 17, 2026.

Meeting Schedule Details

The schedule includes one group session for analysts and two separate one-on-one sessions for institutional investors. The company noted that the timing and structure of these meetings are subject to change based on exigencies on the part of either the investors or the company.

Ratnesh Rukhariyar, Company Secretary and Compliance Officer, signed the disclosure. Voltas Limited is a Tata enterprise headquartered in Mumbai.