Suyog Telematics: Tax Authority Searches Co's Premises, No Negative Orders Given
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.32% | -4.51% | -2.65% | -32.81% | -65.12% | -60.30% |































