Gujarat Ambuja Exports has officially commenced commercial production at its new manufacturing facility in Hubli, Karnataka. The company announced that commercial operations began on December 19, 2025, at approximately 9:45 a.m., marking a significant operational milestone in India's specialty chemicals sector.

Plant Specifications and Technology

The newly operational facility brings cutting-edge manufacturing capabilities to the Indian market with several key features:

The facility utilizes maize starch fermentation technology, making it the first plant of its kind in India. This technological advancement positions Gujarat Ambuja Exports at the forefront of specialty chemical manufacturing in the country.

Expansion Strategy and Future Plans

Gujarat Ambuja Exports has outlined an ambitious growth trajectory for the Hubli facility. The company plans to significantly expand the plant's production capacity through strategic scaling:

The company aims to introduce additional products in the maize fermentation-based segment, demonstrating confidence in market demand and commitment to scaling operations.

Regulatory Compliance and Strategic Significance

The commencement announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting the strategic importance of this development. The plant's operational status represents several key advantages:

• Introduction of first-of-its-kind maize starch fermentation technology in India
• Strategic expansion into specialty chemicals market
• Establishment of manufacturing presence in Karnataka
• Foundation for substantial capacity growth through 2028

The facility marks the beginning of a new chapter for Gujarat Ambuja Exports in the specialty chemicals sector, with sodium gluconate production serving as a key growth driver for the company's diversification strategy in maize fermentation-based products.

Gujarat Ambuja Exports Limited has disclosed receipt of a GST demand order worth ₹12.34 lakh from tax authorities for the financial year 2018-19. The demand is related to ineligible Input Tax Credit (ITC) claims, as revealed in a regulatory filing.

GST Demand Details

The demand order has been issued under Section 74(9) of the Central Goods and Service Tax Act (CGST Act, 2017) for Financial Year 2018-19. The total tax liability comprises multiple components as detailed below:

The interest component has been levied under Section 50(3) of the CGST Act, 2017, while the penalty has been imposed under applicable provisions of the Central Goods and Services Tax Act, 2017 and rules made thereunder.

Nature of Tax Dispute

According to the company's disclosure, the demand has been raised in relation to ineligible Input Tax Credit (ITC) claimed from cancelled, non-genuine and non-existent taxpayers as per the GST department's assessment. The tax authorities have identified aberrations and non-compliances related to these ITC claims during their examination.

Company's Response and Impact Assessment

Gujarat Ambuja Exports has stated that the demand order has no material impact on the company's financials, operations or other activities. The company plans to file an appeal against the order, viewing it as arbitrary, unjustified, and unsustainable in law.

Next Steps

The company is currently preparing a comprehensive reply along with necessary documentary proof. It intends to file an appeal with the Divisional Deputy Commissioner of State Tax (Appeals) within the prescribed three-month timeline from receipt of the order.

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that the information provided is true, correct and complete to the best of their knowledge and belief, in compliance with Regulation 30(13) of SEBI Listing Regulations.

Gujarat Ambuja Exports has also uploaded this intimation on its official website at www.ambujagroup.com and informed both BSE Limited and National Stock Exchange of India Limited about the development.