Sterling and Wilson Renewable Energy Limited has received a revised GST demand order from the Assistant Commissioner of CGST, Vijayawada, Andhra Pradesh. The order is dated June 18, 2026 and was received on June 26, 2026. The disclosure was made to the stock exchanges on June 27, 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The revised demand pertains to a shortfall in tax payment and mismatch of input tax credit for the period from April 2018 to March 2023, covering five financial years. The aggregate revised demand stands at Rs 2.97 crore, excluding applicable interest and penalty.
The earlier demand in this matter was Rs 2.96 crore, excluding applicable interest and penalty. Sterling and Wilson Renewable Energy Limited is evaluating the contents of the order and will determine the future course of action. This disclosure follows an earlier communication dated December 20, 2025 on the same proceedings.
The disclosure was submitted to BSE and NSE by Ajit Pratap Singh, Chief Financial Officer of Sterling and Wilson Renewable Energy Limited. The scrip code on BSE is 542760 and the trading symbol on NSE is SWSOLAR.
Sterling and Wilson Renewable Energy Limited has stated that there is no material financial impact from this development. The order was issued by the Assistant Commissioner of CGST in Vijayawada, Andhra Pradesh for the relevant assessment period.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.