Sudarshan Chemical Industries Limited has received a GST demand order from Tamil Nadu tax authorities totaling ₹59.42 lakh for the financial year 2021-22. The company disclosed this development on December 31, 2025, in compliance with SEBI listing regulations.

GST Order Details

The Deputy Commissioner of State Tax, Valasaravakkam, Chennai-South, Tamil Nadu, issued the GST DRC-07 order dated December 31, 2025. The demand covers the audit period from April 1, 2021, to March 31, 2022.

Audit Process and Company Response

The tax demand emerged following completion of audit by Tamil Nadu tax authorities for FY22. The process involved multiple stages:

• Tax authorities completed audit for the specified period
• Office of Deputy Commissioner issued initial notice in Form DRC 01
• Company submitted detailed response to the notice
• After verification of company's response, authorities issued final order in Form DRC 07

Company's Position and Next Steps

Sudarshan Chemical Industries maintains confidence in its position regarding the tax demand. The company stated it "believes that it has a good case on all the points raised by the Office of Deputy Commissioner, State Tax, Tamil Nadu."

The company plans to challenge the order through proper legal channels. As the order is appealable, Sudarshan Chemical is currently preparing to file an appeal before the appropriate authority.

Expected Impact Assessment

Regarding potential business implications, the company expressed optimism about the outcome. Management believes there will be no material impact on the company's financial position, operations, or other business activities due to this GST order.

The disclosure was made pursuant to Regulation 30 of SEBI Listing Regulations, 2015, ensuring transparency with stakeholders about regulatory developments affecting the company.

Sudarshan Chemical Industries Limited , a prominent player in the chemical industry, has received a significant GST order from tax authorities. The company has disclosed receiving orders from multiple tax jurisdictions, with the latest being a substantial demand from the Pune tax office.

Latest GST Order from Pune

The company has received a GST DRC-07 order dated December 30, 2025, from the Office of Deputy Commissioner of State Tax, Bhosari-513: Pune-South East, Pune-South West, Maharashtra. This order covers the period from April 1, 2021, to March 31, 2022, and involves a substantial financial demand.

Previous GST Orders from Kolkata

Earlier, the company had received four GST orders from the Office of Superintendent Range-I, Bhabanipur, Kolkata South, West Bengal, covering the period from April 2018 to March 2022, with a total demand of ₹38.18 lakh.

Company's Response and Legal Position

Sudarshan Chemical Industries has stated that it believes it has a strong case against all points raised in both sets of orders. The company maintains that the latest Pune order, like the previous Kolkata orders, is appealable and is in the process of filing appeals before the appropriate authorities.

The company has emphasized that these orders will not have any impact on its financial, operational, or other activities, expressing confidence in its legal position across all jurisdictions.

Regulatory Compliance

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sudarshan Chemical Industries has duly informed the stock exchanges about these GST orders. The disclosure was signed by Mandar Velankar, General Counsel and Company Secretary, ensuring transparency with stakeholders regarding these regulatory developments.