Vikran Engineering Ltd (VIKRAN) — Announcement | 29 September 2026

29 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Company receives GST show cause notice for alleged excess ITC utilization

🔄 What Changed

Rs. 33.41 crores demand plus interest and penalty

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

⚠️ Risks

Potential tax liability under review

Vikran Engineering Ltd disclosed receipt of a GST show cause notice dated September 28, 2026 from Jaipur tax authorities demanding Rs. 33.41 crores plus interest and penalty for FY 2022-23 utilization of excess input tax credit. The company states no material financial impact and will file objections before the State Tax Officer.

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About Vikran Engineering Ltd (VIKRAN)

Construction · Infrastructure Developers & Operators · Listed on BSE

Market Cap: ₹1,477.57 CrP/E: 16.6ROE: 7.0%ROCE: 11.7%Div Yield: 0.31%

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📊 More VIKRAN filings

🔴 Announcement — 25 September 2026Vikran Engineering Ltd disclosed receipt of a GST show cause notice dated September 24, 2026 from Ja...
🔴 Announcement — 24 September 2026Vikran Engineering Ltd announced its schedule for upcoming analyst and investor meetings, including ...
Announcement — 23 September 2026Vikran Engineering Ltd announced the closure of its insider trading window from October 1, 2026, thr...
🔴 Announcement — 23 September 2026Vikran Engineering disclosed a GST demand notice from Bihar's tax authority dated September 22, 2026...
🔴 Announcement — 23 September 2026Vikran Engineering announced it has secured a ₹153.76 Crore order from POWERGRID for a 400 kV AIS Ex...

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

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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