ACC Limited , a prominent player in the Indian cement industry, has announced a significant change in its senior management. Navin Malhotra, who held the position of Chief Sales & Marketing Officer and was part of the company's Senior Management Personnel, has tendered his resignation.

Key Details of the Resignation

Impact on ACC Limited

The departure of Navin Malhotra is expected to have implications for ACC Limited's senior management structure. As a key member of the leadership team, Malhotra was responsible for overseeing the company's sales and marketing operations. His exit may lead to a reorganization of these crucial functions within the organization.

Company's Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ACC Limited has formally disclosed this change in Senior Management Personnel. The company's disclosure, dated December 6, 2025, provides the following additional information:

The company has not announced an immediate replacement for the position.

Looking Ahead

As ACC Limited navigates this transition in its senior leadership, stakeholders will be keen to observe how the company manages its sales and marketing functions in the interim. The appointment of a new Chief Sales & Marketing Officer, when announced, will be closely watched for indications of any potential shifts in the company's market approach or strategic direction.

This development comes at a time when the cement industry in India is facing various challenges and opportunities, including infrastructure growth, environmental regulations, and evolving market dynamics. How ACC Limited adapts its sales and marketing strategies in light of this leadership change could play a crucial role in its market positioning and performance in the coming years.

ACC Limited , a prominent cement manufacturer, is facing significant GST scrutiny with multiple demand orders from tax authorities totaling over ₹209 crores. The company has now received three separate GST orders, with the latest two orders received on December 30, 2025, substantially increasing the total demand amount.

Latest GST Orders Overview

The company received two additional major GST orders on December 30, 2025, significantly escalating the total tax demand:

Nature of Violations and Contraventions

The GST orders cover a wide range of compliance issues across different jurisdictions:

Nagpur Zone Order

• Mismatch in Tax Liability
• Disallowance of certain credit notes
• Excess Input Tax Credit (ITC) claimed
• ITC on imports and ineligible credits
• Reverse Charge Mechanism (RCM) on Goods Transport Agency and royalty on minerals
• GST liability on asset sales

Coimbatore Order

• Turnover reconciliation discrepancies between GSTR-9 and GSTR-9C
• ITC mismatch in Table 8 of GSTR-9
• Credit note ITC reversal issues
• ITC mismatch between GSTR-3B and GSTR-2B
• Various expense categories including freight, employee benefits, and purchase of stock-in-trade

Panchkula Order

• Disallowed excess Input Tax Credit claims in GSTR-3B return

Company's Response Strategy

ACC Limited has consistently stated its intention to contest all orders through appropriate legal channels. The company plans to file appeals before the respective appellate authorities within prescribed timelines. Management maintains that these developments will not have any material impact on the company's financial, operational, or other activities.

Financial Context and Impact Assessment

Despite the substantial GST demands, ACC Limited's strong financial position provides context for its ability to manage these challenges:

The total GST demand of ₹209.34 crores represents approximately 0.84% of the company's total assets, suggesting the company has sufficient financial resources to handle these obligations if required.

Regulatory Compliance and Disclosure

The company has made appropriate disclosures under Regulation 30 of SEBI Listing Regulations and relevant SEBI circulars. All information has been made available on the company's website at www.acclimited.com , ensuring transparency with stakeholders and regulatory compliance.