Delta Manufacturing Limited has received a GST scrutiny notice from tax authorities in Maharashtra, requiring the company to address discrepancies identified in its goods and services tax returns for the previous financial year.

Notice Details and Timeline

The company received the notice on January 30, 2026, from the Office of the Deputy Commissioner of State Tax, Ambad, Nashik, Maharashtra. The scrutiny notice was issued under Section 61 of the CGST/SGST Act, 2017, specifically targeting the company's GSTR-3B returns for Financial Year 2023-24, covering the period from April 2023 to March 2024.

Financial Impact and Discrepancies

The notice seeks explanation and clarification regarding certain discrepancies observed in the company's GST returns. According to the regulatory filing, provisional discrepancies have been identified during the scrutiny of GSTR-3B returns, indicating an approximate amount of Rs. 2,39,363.43. This figure is subject to reconciliation and explanation by the company.

Company Response Strategy

Delta Manufacturing has indicated that it is currently examining the notice in detail and will submit its response within the prescribed timeline. The company plans to prepare its reply based on advice from tax consultants to ensure compliance with regulatory requirements.

The notice has been issued pursuant to scrutiny of the company's GST returns, with detailed discrepancies outlined in the annexure to the notice. The tax authorities have warned that proceedings in accordance with law may be initiated if the company fails to respond by the February 16, 2026 deadline.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding material developments affecting the company. At this stage, the notice is solely for seeking explanation, and the quantifiable financial impact remains limited to the identified discrepancy amount of Rs. 2,39,363.43.

Delta manufacturing Limited has completed the closure of its hard ferrite division at Ambad, Nashik, marking the end of operations at this facility. The company announced this development to stock exchanges on January 30, 2026, stating that the closure process has been completed in all aspects.

Regulatory Compliance and Timeline

The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company had previously disclosed information about this closure on December 23, 2025, indicating a structured timeline for the shutdown process.

Facility Details

Stock Exchange Communication

The company formally communicated this development to both major Indian stock exchanges. Company Secretary Madhuri Pawar, bearing ACS No. 54631, signed the disclosure document digitally on January 30, 2026. The communication was addressed to the National Stock Exchange of India Limited (Symbol: DELTAMAGNT) and BSE Limited (Scrip Code: 504286).

Corporate Governance

The disclosure demonstrates Delta Manufacturing Limited's commitment to maintaining transparency with stakeholders and adhering to regulatory requirements. The company ensured proper documentation and timely communication of material developments affecting its operations, in line with SEBI's listing obligations framework.