Escorts Kubota (ESCORTS) — Announcement

📢 Key Event
GST order confirms tax demand of Rs. 2.44 crores

🔄 What Changed
GST liability recognized for FY 2022-23

💡 Investor Takeaway
The company faces a confirmed tax liability requiring appeal, potentially affecting cash flows and investor confidence.

Escorts Kubota disclosed a GST order from Chennai South confirming a tax demand of Rs. 2.44 crores plus Rs. 1.71 crores interest and Rs. 24 lakhs penalty for FY 2022-23, with plans to appeal the decision.

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About Escorts Kubota Limited (ESCORTS)

Automobile and Auto Components · Automobile · Listed on NSE

Market Cap: ₹33,734.5 Cr P/E: 24.0 ROE: 11.2% ROCE: 14.8% Div Yield: 1.69%

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🔥 Also filed on 22 August 2026

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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