Indo Count Industries has informed stakeholders about a GST inspection initiated by the Commissioner of State Tax, Maharashtra at the company's premises on March 11, 2026. The textile manufacturer issued a formal regulatory disclosure regarding the ongoing inspection under Section 67 of the Maharashtra Goods and Services Tax Act, 2017.

Inspection Details and Timeline

The GST inspection commenced on Wednesday, March 11, 2026 at 11:50 a.m. at the company's premises located in Maharashtra state. The inspection is being conducted under Section 67 of the Maharashtra Goods and Services Tax Act, 2017, with the process currently underway.

Company's Response and Cooperation

Indo Count Industries has confirmed that it is extending full cooperation and assistance to the tax authorities during the inspection process. The company has maintained transparency in its dealings with the regulatory officials and is facilitating the review as required under the applicable regulations.

Impact Assessment on Operations

The company has categorically stated that the GST inspection will not affect its financial position, business operations, or other activities. This assurance indicates that the company's manufacturing processes, supply chain operations, and business activities continue without disruption.

Regulatory Compliance and Future Disclosures

The company has committed to making necessary disclosures in accordance with applicable regulatory requirements in the event of any material developments. Indo Count Industries filed this intimation under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring compliance with stock exchange notification requirements.

Indo count industries has announced its participation in a virtual investor summit scheduled for March 11, 2026, as part of regulatory disclosure requirements under SEBI regulations.

Event Details

The company has informed stock exchanges about the upcoming investor engagement through an official communication dated March 5, 2026. The virtual summit is organized by Arihant Capital Market Ltd under the Bharat Connect Conference March 2026 initiative.

Regulatory Compliance

The announcement has been made pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. Company officials emphasized that all discussions during the investor meeting will be based exclusively on publicly available information.

The company has specifically stated that no unpublished price-sensitive information (UPSI) is intended to be discussed during the interactions with investors and analysts. This adherence to regulatory guidelines ensures transparency and compliance with market disclosure norms.

Operational Flexibility

Indo Count Industries has noted that the schedule may be subject to changes due to exigencies on the part of participants, hosts, or the company itself. This provision allows for operational flexibility while maintaining commitment to investor engagement.

The communication was signed by Satnam Saini, Company Secretary and GM - Legal, and has been shared with both National Stock Exchange of India Ltd and BSE Limited for their information and records.