Birla Corporation Limited has received demand orders totaling ₹9.67 crore from the Collector of Stamps, Satna, Madhya Pradesh, relating to alleged deficit in stamp duty and registration fees on mining leases of its wholly owned subsidiary RCCPL Private Limited.

Regulatory Disclosure Details

The company made the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on January 22, 2026. The orders were dated January 19, 2026, and received by company officers on January 21, 2026, at approximately 3:43 p.m. IST.

Breakdown of Demand Orders

The Collector of Stamps has issued separate demand orders for two mining properties under Section 48(B) of the Indian Stamp (M.P. Amendment) Act, alleging wrongful computation of stamp duty and registration fees due to undervaluation at the time of registration.

Nature of Alleged Violations

The demand orders specifically target the computation of stamp duty and registration fees during the initial registration of the mining leases. The authority alleges that RCCPL Private Limited undervalued the mining leases at the time of registration, resulting in lower payment of statutory fees than required under applicable regulations.

Company's Response and Financial Impact

Birla Corporation has stated that it believes the demand of ₹9.67 crore is not tenable and is in the process of filing an appeal against the orders. The company has quantified the total financial impact at ₹9,67,42,003.00, representing the combined demand for both mining properties.

Subsidiary Information

RCCPL Private Limited operates as a wholly owned material subsidiary of Birla Corporation Limited. The subsidiary holds mining leases for the Sadhera Limestone Mines and Bandhi Gorwai Limestone Mines, both located in Madhya Pradesh and subject to the current stamp duty demand orders.