06.02.2025
Sub :: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
This disclosure is being made pursuant to the amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which was notified on 15th July 2023.
We hereby disclose the details of the material litigation (Annexure 1) pertaining to our step-down subsidiary Aban Singapore Pte Ltd.
Annexure 1
DETAILS AS PER THE SEBI CIRCULAR NO: SEBI/HO/CFD/CFD-POD-1/P/CIR/2023/123 DATED 13TH JULY 2023 AND SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015:
| S.No. | Particulars | Details |
| 1 | Name of the opposing party and Brief details of dispute/litigation | Joint Commissioner of CGST, Chennai Disputes for the period 2017-18 to 2021-22 Non payment of tax on alleged difference of turnover between GSTR-9 and financial statements, wrong/excess availment of ITC, wrong reversal of IGST. |
| 2 | Expected financial implications | Tax Rs.23,51,04,517/- plus equivalent penalty and applicable interest. |
| 3 | Quantum of claims | 1 |
| 4 | Developments in proceedings | The Company will prefer an appeal against this order before the appropriate Appellate Authority. |
03.02.2025
Sub :: Intimation of Board Meeting pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015
Please take notice that a Meeting of Board of Directors of the Company will be held on Tuesday, the 11th February 2025 to Consider and Approve the Unaudited (Standalone and Consolidated) Financial Results of the Company for the Quarter ended 31st December 2024.
30.12.2024
Sub :: Intimation of Trading Window Closure
We wish to inform you that the trading window for dealing in securities of the Company shall remain closed from 01.01.2025 till 48 hours after the declaration of financial results for the Quarter ended December 31, 2024 as per the Code of Conduct for Regulating, Monitoring, Preventing and Reporting of Trading in Securities by Designated Persons and immediate relatives of Designated Persons of the Company under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.
