Navkar Corporation Limited has informed stock exchanges about receiving a GST order from the Gujarat Goods and Service Tax Department for the financial year 2019-20. The disclosure was made on January 23, 2026, pursuant to Regulation 30 of the SEBI Listing Regulations.

GST Order Details

The company received the order under section 74 of the Gujarat Goods and Service Tax Act, 2017, dated January 22, 2026, through email at 17:50 PM. The order pertains to proceedings related to the financial year 2019-20.

Financial Impact and Resolution

The GST matter has been largely resolved in favor of the company. The following table summarizes the financial details:

The company paid a minimal amount of ₹8,628 during the proceedings, while the Gujarat GST Department dropped the substantial balance amount from the original demand.

Business Impact Assessment

Navkar Corporation has stated that there is no major impact on its financial, operational, or other activities resulting from this GST order. The resolution of the matter with such a minimal payment compared to the original demand appears favorable for the company.

Regulatory Compliance

The disclosure was made by Company Secretary and Compliance Officer Deepa Gehani in compliance with SEBI regulations. The company has fulfilled its obligation to inform investors about regulatory developments that could potentially impact its operations, demonstrating transparency in corporate governance practices.

Navkar Corporation has announced the availability of an audio recording from a conference call conducted by its ultimate holding company, JSW Infrastructure Limited, on January 16, 2026. The announcement was made in compliance with regulatory disclosure requirements.

Regulatory Compliance and Disclosure

The company filed the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was addressed to both major stock exchanges where the company is listed.

Conference Call Recording Access

The audio recording of the investor conference call is now available on the company's official website. Investors and stakeholders can access the recording through the direct link provided by the company. The call was conducted by JSW Infrastructure Limited, which serves as the ultimate holding company of Navkar Corporation Limited.

Corporate Structure and Transparency

The disclosure highlights the corporate relationship between Navkar Corporation Limited and JSW Infrastructure Limited. By making the conference call recording publicly available, the company demonstrates its commitment to maintaining transparency with investors and ensuring compliance with regulatory requirements.

Official Authorization

The announcement was officially signed and authorized by Deepa Gehani, who serves as the Company Secretary and Compliance Officer of Navkar Corporation Limited. The digital signature was applied on January 16, 2026, at 19:52:33 +05'30', confirming the authenticity of the disclosure.