Regaal Resources Limited has disclosed to stock exchanges that the Directorate General of GST Intelligence (DGGI) conducted a search operation at its principal place of business from January 10-12, 2026. The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as a matter of transparency and regulatory compliance.

Search Operation Details

The DGGI search operation was conducted under Section 67(2) of the Central Goods and Services Tax Act, 2017, at the company's registered principal place of business located at Bhatgoan, Galgalia, Thakurganj, Kishanganj, Bihar-855106. The operation commenced on January 10, 2026, at 02:45 PM and concluded on January 12, 2026, at 08:00 PM.

During the search operation, DGGI officers examined relevant documents, registers, and other records available at the premises. The authorities seized some registers and records related to GST for further verification purposes.

Company's Voluntary Payment

As a precautionary measure and best estimate of potential tax liability, Regaal Resources Limited has made a voluntary payment under Section 74(5) of the CGST Act, 2017. The payment breakdown is as follows:

The company emphasized that since no order has been served by the authorities, the actual financial impact cannot be ascertained at this stage. This voluntary payment represents the company's proactive approach to address potential GST-related concerns.

Current Status and Compliance

Regaal Resources Limited confirmed that as of the disclosure date, no order, demand, penalty, or assessment has been passed against the company by DGGI. The company stated it is currently evaluating the matter and will take appropriate actions in due course, in accordance with applicable laws and regulations.

The company has assured full cooperation with the authorities throughout the process. It committed to making appropriate disclosures as and when required under applicable laws and will update stakeholders on any further developments.

Regulatory Disclosure

This disclosure was made in continuation to the company's earlier letter dated January 12, 2026, ensuring comprehensive transparency regarding the DGGI search operation. The company emphasized that this disclosure is being made as a matter of abundant caution and transparency, adhering to regulatory requirements under SEBI listing obligations.

REGAAL Resources has announced that the Directorate General of GST Intelligence (DGGI) conducted search operations at the company's locations. The company has specifically clarified that no fines were imposed during these proceedings.

DGGI Search Operations

The search operations were carried out by DGGI officials at REGAAL Resources' business locations. The Directorate General of GST Intelligence is the primary investigative arm of the GST administration, responsible for conducting intelligence-based enforcement activities.

No Financial Penalties Imposed

A key aspect of this development is that the company has confirmed no fines were levied during the search operations. This indicates that while the DGGI conducted its investigative procedures, no immediate penalties or financial sanctions were imposed on the company.

Regulatory Compliance Context

DGGI search operations are typically part of routine compliance verification or investigation processes under the GST framework. The absence of fines suggests that the search was either part of a standard verification process or that no violations warranting immediate penalties were identified during the proceedings.

The company's prompt disclosure of this information demonstrates transparency in communicating regulatory developments to stakeholders and the market.