Swaraj Engines has officially announced that its Board of Directors will convene on January 15, 2026, to deliberate on the company's third quarter financial performance for FY26. The meeting will focus on considering and approving the unaudited financial results for both the third quarter and nine-month period ended December 31, 2025.

Board Meeting Details

The company has scheduled the board meeting in accordance with regulatory requirements under SEBI listing obligations. The formal notice was communicated to both BSE Limited and National Stock Exchange of India Limited through an official document dated January 1, 2026, signed by Company Secretary Rajesh K. Kapila.

Trading Window Closure

In compliance with the company's Code of Conduct for Prevention of Insider Trading, Swaraj Engines Limited has implemented a trading window closure. This measure ensures adherence to insider trading regulations during the period leading up to and following the financial results announcement.

Stock Exchange Communication

The official notice was addressed to both major stock exchanges where the company's shares are traded. The communication included specific scrip details for each exchange to ensure proper identification and compliance.

Regulatory Compliance

The announcement demonstrates the company's commitment to maintaining transparency and regulatory compliance. The notification includes the company's registered office address at Industrial Area, Phase IV, S.A.S. Nagar, Mohali, and works location at Plot No. 2, Industrial Focal Point, Phase-IX, S.A.S. Nagar. This comprehensive disclosure approach aligns with SEBI's requirements for listed companies regarding material information sharing and ensures all stakeholders are properly informed about the upcoming board meeting and associated trading restrictions.

Swaraj Engines Limited has received a GST demand order imposing a penalty of ₹9,55,300.00 from tax authorities in Punjab. The company disclosed this development under Regulation 30 of SEBI listing requirements on December 31, 2025.

GST Penalty Details

The penalty has been imposed by the Office of Assistant Commissioner of State Tax-cum-Proper Officer, S.A.S. Nagar, Punjab under section 73 of PGST/CGST Act, 2017. The violations relate to GST credit issues during Financial Year 2021-22.

Alleged Violations

The tax authorities have identified three specific areas of alleged non-compliance during Financial Year 2021-22:

• ITC on Cancelled Dealers: Input Tax Credit claimed on purchases from dealers whose registrations were subsequently cancelled
• Ineligible ITC Claims: Tax credits claimed under section 17(5) that were not eligible for claim
• Place of Supply Errors: Credits wrongly availed due to incorrect place of supply information provided by suppliers

Company's Response Strategy

Swaraj Engines has outlined its approach to address the penalty order. The company plans to file an appeal against the demand order and has expressed confidence in achieving a favorable outcome at the appellate level.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, specifically under Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive details as required under the regulatory framework, including the nature of violations, authority details, and potential financial impact assessment.