Shares Bazaar

Siemens informs about disclosure

Pursuant to Regulation 30 read with sub-para 8 of Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated 14th November, 2024, Master Circular No SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated 31st December, 2024 and Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25 dated 25th February 2025 issued by Securities and Exchange Board of India titled ‘Industry Standards Note on Regulation 30 of LODR Regulations’, Siemens has informed the following: On 19th September 2025, the Company received a show cause notice issued by Joint Commissioner, Central GST & Excise, Vadodara I Commissionerate as to why the GST amounting of Rs 34,83,00,000 along with applicable interest and penalty under section 74 of Central Goods & Service Tax Act, 2017 should not be levied regarding transfer and assignment of the Company’s leasehold interest in the property located at Halol, Gujarat (Show Cause Notice). The Company is currently reviewing the Show Cause Notice and will take appropriate action in due course. Further updates will be provided as and when required. The Show Cause Notice was received around 11.30 am on 19th September 2025. The delay in intimation is on account of time taken for completion of prima facie assessment of materiality.

The above information is a part of company’s filings submitted to BSE.