HCL Infosystems Ltd. has received a demand order in Form GST DRC -07A from the Excise and Taxation Officer, Haryana, confirming a demand of INR 1.23 Crores related to non-payment of dues from the pre-GST period under the Haryana VAT Act, 2003. The company is currently evaluating the order and considering appropriate legal remedies.

Full analysis Company memory

Hindustan UnileverHINDUNILVR19:52WatchNotable

Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and…

Regulatorylitigation

As filed

Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015

Why it matters

CapitSignal interpretation

Litigation creates a contingent liability that is not in reported profit until it crystallises.

What happened

Fact

Hindustan Unilever Limited received an Assessment Order from the Assistant Commissioner of Income-Tax, Central Circle 5(2), Mumbai, along with a Notice of Demand for INR 1,986.25 Crores under the Income Tax Act. The tax authorities have made transfer pricing adjustments related to disallowance of payments to related parties. The communication was received on 30th October 2025.

Full analysis Company memory

BGR Energy Systems LimitedBGRENERGY17:19WatchNotable

Company has received demand order under Section 73 (1) of the CGST Act 2017 Act, 2107 read with Section 20…

Regulatorytax demand

As filed

BGR Energy Systems Limited has informed the Exchange about, The company has received demand order under Section 73 (1) of the CGST Act 2017/OGST Act, 2107 read with Section 20 (xvi) of the IGST Act 20

Why it matters

CapitSignal interpretation

A tax demand is a contingent claim on cash: it either becomes a payment, or an appeal that ties up management attention and often a deposit.

What happened

Fact

BGR Energy Systems Limited received a Demand Order dated 31st October 2025 under Section 73 of the CGST Act 2017/OGST Act 2017 for the financial year 2022-2023. The Assistant Commissioner concluded that no excess Input Tax Credit was availed by the Company for FY 2021-22, resulting in the demand of Rs. 64,21,696 being dropped.

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Gretex Corporate Services LimitedGCSL17:00DeterioratingMajor

Action(s) initiated or orders passed

Regulatoryregulatory action

As filed

Gretex Corporate Services Limited has informed the Exchange about Action(s) initiated or orders passed

Why it matters

CapitSignal interpretation

Regulatory action carries direct monetary penalties and can restrict how the business operates until it is resolved.

What happened

Fact

Gretex Corporate Services Limited has informed that the Securities and Exchange Board of India (SEBI) issued an order on October 30, 2025, concerning the company, which is registered as a Merchant Banker with SEBI. Further details of the order are provided in an annexure to the filing. The company has requested the stock exchanges to take this information on record.

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Latest

Friday, 31 October 2025

Latest

Friday, 31 October 2025

Receipt of demand order from Excise and Taxation Officer, Haryana

Why it matters

What happened

Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and…

Why it matters

What happened

Company has received demand order under Section 73 (1) of the CGST Act 2017 Act, 2107 read with Section 20…

Why it matters

What happened

Action(s) initiated or orders passed

Why it matters

What happened

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