GST inspection/search at some offices and manufacturing units concluded; no material impact stated

Sudarshan Chemical says the Maharashtra GST inspection/search that began on 1st October, 2026 at some offices and manufacturing units concluded on 6th October, 2026 at 11:30 p.m. IST.

Wed 7 Oct 2026

Inspection Start Date

1st October, 2026

Inspection Conclusion Date & Time

6th October, 2026 at 11:30 p.m. IST

Impact Stated

no material impact on financials, business or other activities

What the company has informed

Sudarshan Chemical Industries has told the exchanges that the inspection/search proceeding under Section 67 of the Maharashtra Goods and Services Tax Act, 2017, initiated on Thursday, 1st October, 2026 at some of its office(s) and manufacturing unit(s) situated in the State of Maharashtra, has been concluded on Tuesday, 6th October, 2026 at 11:30 p.m. (IST).

Who conducted it

• The authority named is the Deputy Commissioner of State Tax, Maharashtra State, Mumbai.
• The letter authorising the inspection/search was produced to company officials by the Maharashtra State GST officials on Thursday, 1st October, 2026.
• The company states it extended full co-operation and assistance, and that the entire process was concluded peacefully and cordially.

What the company says happens next

• It is in the process of submitting the necessary information and documents as required by the Maharashtra State GST authorities within the prescribed timeline.
• It has stated that if there is any material update requiring intimation, it will make the necessary disclosures in accordance with regulatory provisions.

Impact stated by the company

• "At present, there is no material impact on the financials, business operations or any other activities of the Company due to the aforesaid inspection/search proceedings."

How a retail investor can read this

This is an update that a GST inspection/search at some of the company's offices and manufacturing units in Maharashtra has ended. The company's stated position is that there is no material impact at present on its financials, business operations or other activities, and it is still in the process of furnishing information and documents to the authorities within the prescribed timeline. The company has also said it will inform the exchanges of any material update. Investors may track subsequent updates from the company for further developments on this matter.

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