Order dated 31-12-2025 passed by the Office of Goods and Services Tax in favour of the Company wherein the…
As filed · Sunteck Realty Limited has informed the Exchange about an order dated 31-12-2025 passed by the Office of Goods and Services Tax in favour of the Company wherein the Company s contentions were examined
What happened
FactSunteck Realty Ltd. has informed that the Office of Goods and Services Tax has passed an order on 31st December, 2025, in favor of the Company, nullifying the demand, interest, and penalty previously levied against it. This follows an earlier intimation regarding a show cause notice issued to the Company. The Company's contentions were accepted by the Department.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
ContradictedEBITDA stood strong at INR82 crores with an EBITDA margin of 24%.
We reported net profit of INR57 crores, which is a 34% growth over quarter 3 of FY '25.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- we will look for those completion of approval, and obviously, thereafter RERA and we'll be looking to launch t (management committed by H1 FY27)
- we are looking to launch one tower in Mira Road, which is Sunteck Sky Park, fourth tower, and then Vasai, we a (management committed by H1 FY27)
Evidence
- Sunteck Realty Limited has informed the Exchange about an order dated 31-12-2025 passed by the Office of Goods and Services Tax in favour of the Company wherein the Company s contentions were examined and accepted by the Department. Accordingly, the demand, interest and penalty levied against the Company has been nullified.(opens the original filing in a new tab)
- Earlier statement · 9M FY26
- Latest statement · 9M FY26
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%