Suyog Telematics: Tax Authority Searches Co's Premises, No Negative Orders Given

1 min read     Updated on 08 Jan 2026, 05:17 PM
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Overview

Suyog Telematics informed exchanges about a GST inspection conducted by Maharashtra authorities at its premises from January 2-7, 2026, under Section 67 of the Maharashtra GST Act. The company reported no adverse findings, defaults, or non-compliance attributable to it, with authorities identifying only a procedural delay in depositing GST on behalf of a vendor, which has been addressed. The company stated there is no material financial or operational impact from the inspection.

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Suyog Telematics Limited has informed stock exchanges about a GST inspection conducted by Maharashtra authorities at its premises, with the company reporting no adverse findings against it.

Inspection Details and Timeline

The Maharashtra GST authorities conducted an inspection and search at Suyog Telematics' premises from January 2, 2026, to January 7, 2026, under Section 67 of the Maharashtra Goods and Services Tax Act, 2017. The inspection was carried out in connection with certain transactions relating to one of the company's vendors.

Parameter: Details
Authority: Commissioner under Maharashtra Goods and Services Tax Act, 2017
Inspection Period: January 2, 2026 to January 7, 2026
Legal Provision: Section 67 of Maharashtra GST Act, 2017
Nature: Inspection and search at company premises

Key Findings and Impact

The company disclosed that no adverse findings, defaults, non-compliance, or suppression of information were attributable to Suyog Telematics during the inspection. The authorities identified only a procedural delay in depositing GST on behalf of one of the company's vendors, which has since been duly addressed.

Aspect: Status
Adverse Findings: None against the company
Violations: No defaults or non-compliance
Issue Identified: Procedural delay in vendor GST deposit
Resolution Status: Duly addressed
Adverse Order: None passed against the company

Financial and Operational Impact

Suyog Telematics stated that there is no material financial or operational impact on the company resulting from this inspection. The company emphasized that no demand, penalty, or adverse order has been imposed, making the monetary impact not quantifiable.

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Clause 20 of Para A of Part A of Schedule III. The company received no separate written direction, interim, or ad-interim order from the authorities during the inspection period.

Regulatory Compliance

The company's disclosure demonstrates its commitment to transparency and regulatory compliance by promptly informing stakeholders about the inspection through proper channels. Company Secretary and Compliance Officer Aarti Shukla signed the disclosure document, ensuring all regulatory requirements were met in a timely manner.

Historical Stock Returns for Suyog Telematics

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%-4.51%-2.65%-32.81%-65.12%-60.30%
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Suyog Telematics: Suchitra Lature Boosts Stake to 4.55% via Preferential Allotment

1 min read     Updated on 21 Nov 2025, 11:22 AM
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Reviewed by
Naman SScanX News Team
Overview

Suchitra Lature has acquired a 4.55% stake in Suyog Telematics Limited through a preferential allotment of 527,500 shares on October 10, 2025. This acquisition has increased the combined shareholding of Lature and persons acting in concert to 52.03% of the company's total diluted share capital. Suyog Telematics has filed the required disclosure under SEBI regulations, as confirmed by the company's Company Secretary & Compliance Officer, Aarti Kamlesh Shukla.

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Suyog Telematics Limited , a player in the Indian telecommunications infrastructure sector, has witnessed a significant change in its shareholding pattern. According to a recent disclosure, Suchitra Lature has acquired a substantial stake in the company through a preferential allotment.

Key Details of the Acquisition

Aspect Details
Acquirer Suchitra Lature
Number of Shares Acquired 527,500
Percentage of Diluted Share Capital 4.55%
Mode of Acquisition Preferential Allotment
Date of Acquisition October 10, 2025

Impact on Shareholding

The acquisition has led to a notable increase in the combined shareholding of Suchitra Lature and persons acting in concert. Following this transaction, their total stake in Suyog Telematics has risen to 52.03% of the company's total diluted share capital.

Regulatory Compliance

In adherence to regulatory requirements, Suyog Telematics Limited has submitted the necessary disclosure to the stock exchanges. The company filed the information under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Company's Response

Aarti Kamlesh Shukla, the Company Secretary & Compliance Officer of Suyog Telematics Limited, confirmed the receipt of the intimation from Suchitra Lature regarding the acquisition. The company has duly informed both the BSE Limited and the National Stock Exchange of India Limited about this development.

This move by Suchitra Lature to increase her stake in Suyog Telematics represents a significant change in the company's ownership structure. The long-term implications of this change in shareholding pattern remain to be seen.

Historical Stock Returns for Suyog Telematics

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%-4.51%-2.65%-32.81%-65.12%-60.30%
Suyog Telematics
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