India cements Limited has announced the availability of its Q3FY26 earnings call recording on the company website, fulfilling regulatory disclosure requirements under SEBI regulations. The cement manufacturer informed both BSE Limited and National Stock Exchange of India Limited about this development through an official communication dated 24th January 2026.

Regulatory Compliance and Disclosure

The company's disclosure falls under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates transparency in corporate communications. The earnings call covered financial results for the quarter and nine months ended 31st December, 2025.

Stock Exchange Communication

The formal communication was addressed to both major Indian stock exchanges where the company's shares are listed. Company Secretary Ekambaram Jayashree signed the disclosure document, ensuring proper corporate governance protocols were followed.

Corporate Structure

India Cements Limited operates as a subsidiary of UltraTech Cement Limited, part of the Aditya Birla Group. The company maintains its registered office at Dhun Building, 827, Anna Salai, Chennai, and continues to serve stakeholders through established communication channels including its investor relations portal.

India Cements has received three separate GST orders from different tax authorities on December 30, 2025, with combined demands totaling ₹57.88 crores for the financial year 2021-22. The cement manufacturer disclosed these developments through a comprehensive regulatory filing under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Multiple GST Authority Orders

The company received orders from three different GST authorities across Chennai, Vijayawada, and Hyderabad on the same date. Each order addresses various alleged tax compliance violations for FY 2021-22.

Nature of Alleged Violations

The GST orders address multiple compliance issues that the authorities claim occurred during FY 2021-22. The alleged contraventions vary across the three jurisdictions but share common themes.

The key violations cited across the orders include:

• Alleged claim of excess Input Tax Credit
• Short payment or non-payment of tax
• Input Tax Credit mismatch issues
• Other related tax compliance matters

According to the company's filing, all three orders were passed "without due consideration of the Company's submissions," indicating that India Cements had previously presented its case to the respective authorities.

Company's Response Strategy

India Cements has indicated a uniform approach to addressing all three GST orders. The company is currently reviewing each order in detail and evaluating all available legal remedies.

The company has consistently stated across all three disclosures that it "does not expect the said Order to have any material financial/operational impact" on its business operations. This suggests that India Cements believes it has strong grounds to challenge all the GST authorities' findings and demands.

Regulatory Compliance and Disclosure

The comprehensive disclosure was made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, which requires listed companies to inform stock exchanges about material events. The company filed detailed annexures for each authority's order with both BSE Limited and the National Stock Exchange of India Limited on December 31, 2025.

This development represents significant regulatory scrutiny that the company faces regarding GST compliance across multiple jurisdictions, particularly concerning complex issues like Input Tax Credit management and tax payment obligations for FY 2021-22.