14th May '24: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Order under Goods & Service Tax Act, 2017. More

BGR ENERGY SYSTEMS LIMITED

443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: [phone], FAX: [phone] Web site: www.bgrcorp.com

May 14, 2024

National Stock Exchange of India Limited	BSE Limited
Listing Department	Department of Corporate Services
Exchange Plaza, Bandra Kurla Complex,	PJ Towers, Dalal Street,
Bandra (E), Mumbai - 400 051	Fort, Mumbai - 400 001
NSE Symbol: BGRENERGY	BSE Scrip: 532930

Dear Sir/Madam,

Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Order under Goods & Service Tax Act, 2017.

Pursuant to Regulation 30 read with other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform that the Company has received a demand order from:

1. Deputy Commissioner of GST, Kanpur dated 26.04.2024
2. Deputy Commissioner of GST, Raipur dated 25.04.2024 Kindly take the above information on record.
   Thanking You,

Yours truly,

For BGR Energy Systems Limited

RAGHUPATHY ARJUN GOVIND

Digitally signed by

RAGHUPATHY ARJUN GOVIND

Date: 2024.05.14 11:13:49 +05'30'

Arjun Govind Raghupathy

Managing Director

REGISTERED OFFICE:

A-5 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, SULURPET TALUK, NELLORE DISTRICT, ANDHRA PRADESH 524401 INDIA.

TEL: [phone]

Corporate Identity Number: L40106AP1985PLC005318

Annexure - A

(Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circulars dated July 11, 2023)

Sr.	Details of the event that needs	Information of such events(s)
No.	to be provided
1.	Name of the authority	Deputy Commissioner of GST, Raipur,
Chhattisgarh
		The GST Department has passed an order under
	Nature and details of the action(s)	Rule 100(1), 100(2), 142(5) of GST Act for the
2.	Financial Year 2018-19 for Rs.20.99 crores
taken, initiated or order(s) passed
	[Tax: Rs.10.63 Crores; Interest: 9.29 Crores
		and Penalty: Rs.1.07 Crores]
	Date of receipt of direction or
3.	order, including any ad-interim or	25.04.2024
interim orders, or any other
	communication from the authority
	Details of the violation(s) /	Demand under DRC-07 - Order under Section
	73 - Rules 100(1), 100(2), 100(3), 142(5) of
4.	contravention(s) committed or
the GST Act citing "amendment, RCM, etc." for
	alleged to be committed
	the FY 2018-19
		There is no material impact on the financials and
	Impact on financial, operation or	operations or other activities of the Company.
5.	other activities of the listed entity,
quantifiable in monetary terms to	The Company believes that the above demands
	the extent possible.	are not maintainable and hence and the
		Company is in the process of filing an appeal.

Annexure - B

(Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circulars dated July 11, 2023)

Sr.	Details of the event that needs	Information of such events(s)
No.	to be provided
1.	Name of the authority	Deputy Commissioner of GST, Kanpur,
Uttar Pradesh
		GST Department has sent an Order /
	Nature and details of the action(s)	Demand under DRC 07 u/s 73 of the GST Act
2.	for the FY 2018-19 for Rs.483.48 crores [Tax
taken,initiated or order(s) passed
	- Rs.439.48 Crores and Penalty - Rs.44
		Crores]
	Date of receipt of direction or
3.	order,including any ad-interim or	26.04.2024
interim orders, or any other
	communication from the authority
	Details of the violation(s) /	Demand under DRC-07 - Order under
	Section 73 - Rule 142 (5) of the GST Act
4.	contravention(s) committed or
citing "Suppression of Turnover, Excess ITC
	allegedto be committed
	claimed" for the FY 2018-19
		There is no material impact on the financials
		and operations or other activities of the
	Impact on financial, operation or	Company.
5.	other activities of the listed entity,
quantifiable in monetary terms to	The Company believes that the above
	the extent possible.	demands are not maintainable and hence the
		Company is taking up with the department
		for rectification order.