Super Sales India Limited Announces Resignation of General Manager K Selvam

1 min read     Updated on 11 Mar 2026, 04:22 PM
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Overview

Super Sales India Limited announced the resignation of General Manager K Selvam effective March 11, 2026, citing personal commitments. The company has complied with SEBI disclosure requirements and submitted all necessary documentation to BSE. Mr. Selvam expressed gratitude for his tenure and committed to ensuring smooth transition of responsibilities.

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Super sales India Limited has announced the resignation of Mr. Selvam K, General Manager and Senior Management Personnel, effective March 11, 2026. The company informed BSE Limited about this senior management change in compliance with regulatory disclosure requirements.

Resignation Details

The resignation was submitted citing personal commitments as the primary reason for departure. Mr. Selvam was relieved from his duties at the closure of office hours on March 11, 2026. The company has provided complete documentation to the stock exchange as required under regulations.

Parameter Details
Position General Manager
Reason for Resignation Personal commitments
Effective Date March 11, 2026
Classification Senior Management Personnel

Regulatory Compliance

Super Sales India Limited has fulfilled its disclosure obligations under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the required information along with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 compliance details.

Resignation Letter Highlights

In his resignation letter addressed to the Managing Director, Mr. Selvam expressed gratitude for the opportunities and experience gained during his tenure. He acknowledged the support, guidance and encouragement received from the organization. Due to unavoidable personal reasons, he indicated his inability to continue his duties and requested immediate relief from his responsibilities.

Mr. Selvam committed to ensuring a smooth transition of his responsibilities and offered assistance in the handover process. He extended wishes for the company's continued success in the future. The resignation reflects an amicable departure with the employee expressing appreciation for his time with the organization.

Historical Stock Returns for Super Sales

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-5.24%-5.33%-22.28%-28.22%+13.78%

Super Sales India Limited Receives GST Penalty Notice of Rs.1,47,008 for Defective Documents

1 min read     Updated on 12 Feb 2026, 04:58 PM
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Reviewed by
Shriram SScanX News Team
Overview

Super Sales India Limited received a GST penalty notice of Rs.1,47,008 from Commercial Taxes Officer, Chamarajanagar for defective documents in goods movement during 2025-2026. The company has paid the penalty amount and plans to appeal, stating no material impact on its financial operations.

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Super Sales India Limited has received a demand notice from GST authorities imposing a penalty of Rs.1,47,008 for defective documents related to goods movement. The company disclosed this information to the Bombay Stock Exchange under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements on February 12, 2026.

GST Penalty Details

The demand notice was issued by the Commercial Taxes Officer (Enforcement), Chamarajanagar, and received by the company on February 11, 2026. The penalty relates to defective documents for goods movement during the period 2025-2026.

Parameter: Details
Penalty Amount: Rs.1,47,008
Issuing Authority: Commercial Taxes Officer (Enf), Chamarajanagar
Date of Receipt: February 11, 2026
Applicable Period: 2025-2026
Nature of Issue: Defective documents for goods movement

Company's Response and Financial Impact

Super Sales India Limited has taken immediate action regarding the penalty notice. The company has already paid the demanded amount of Rs.1,47,008 and indicated its intention to file an appeal against the penalty.

Regarding the financial implications, the company has stated that there is no material impact on the financials, operations, or other activities due to this GST penalty. This suggests that the penalty amount is not significant enough to affect the company's overall financial position.

Regulatory Compliance

The disclosure was made in compliance with SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and Regulation 30 of the Listing Obligations and Disclosure Requirements Regulations, 2015. Company Secretary S K Radhakrishnan signed the disclosure document, confirming that the information provided is true, correct, and complete to the best of his knowledge and belief.

The company has indicated that there is no other relevant information pertaining to this GST demand notice beyond what has been disclosed in the regulatory filing.

Historical Stock Returns for Super Sales

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-5.24%-5.33%-22.28%-28.22%+13.78%

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1 Year Returns:-28.22%