CORDS Cable Industries Files Delayed Disclosure for GST Order Under SEBI Regulations

Cords Cable Industries Limited has submitted a regulatory filing to the Bombay Stock Exchange regarding a GST Order, along with an explanation for the delayed disclosure under SEBI regulations.

Regulatory Filing Details

The company filed the disclosure on January 5, 2026, addressing the requirements under Regulation 30 of SEBI (LODR) Regulations, 2015. The filing pertains to a GST Order dated December 31, 2025, which came to the company's attention on January 2, 2026.

Filing Parameter:	Details
Filing Date:	January 5, 2026
GST Order Date:	December 31, 2025
Company Awareness Date:	January 2, 2026
Regulation:	SEBI (LODR) Regulations, 2015 - Regulation 30
BSE Scrip Code:	532941

Disclosure Timeline and Explanation

The company's disclosure was filed in response to an inquiry from the Bombay Stock Exchange dated January 5, 2026, regarding the delay in submission. CORDS Cable Industries explained that they became aware of the GST Order on January 2, 2026, which was subsequent to the order date of December 31, 2025.

Company's Position on Materiality

In its filing, CORDS Cable Industries clarified that the intimation was being made in the interest of stakeholders and does not arise out of materiality considerations. This statement indicates that while the company is fulfilling its disclosure obligations, it does not view the GST Order as having material impact on its operations or financial position.

Corporate Information

The filing was signed by Garima Pant, Company Secretary, and submitted to the Bombay Stock Exchange's Listing Department. The company maintains its registered office in New Delhi and operates manufacturing units in Bhiwadi, Rajasthan, focusing on cable manufacturing operations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.74%	-5.20%	-7.79%	-10.02%	-10.78%	+262.84%

Cords Cable Industries Limited has received a GST demand order from Rajasthan State Tax authorities under Regulation 30 of SEBI listing regulations. The company disclosed this development through an official communication dated January 2, 2026.

GST Demand Order Details

The demand order, bearing Case ID No. AD080625043828N dated December 31, 2025, was issued by the Office of the Joint Commissioner State Tax, Circle-A, Bhiwadi, Zone: Bhiwadi, Rajasthan. The order pertains to alleged incorrect availment of input tax credit by the company.

Component	Amount
IGST Demand	₹12,46,412.00
Penalty (equivalent to IGST)	₹12,46,412.00
Interest	₹16,82,656.00
Total Exposure	₹41,75,480.00

Nature of Violation

The tax authorities have disallowed input tax credit on purchases pertaining to the financial year 2018-19. The demand has been raised under Section 74 read with Section 122 of the RGST/CGST Act, 2017 read with Section 20 of IGST Act, 2017. The interest component has been calculated under Section 50(3) of GST Act, 2017 read with Section 20 of IGST Act, 2017.

Company's Response

Cords Cable Industries has indicated its intention to file an appeal against the said order with the appellate authorities. The company has assessed that there is no material impact on its financial operations or other activities due to this demand order.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company operates two manufacturing units in Bhiwadi, Rajasthan, in the Industrial Areas of Chopanki and Kaharani.