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Storage Technologies and Automation LtdImportant, 18-10-2025: Company Update

18-10-2025 | 04:02 pm

Storage Technologies and Automation received a Show Cause Notice dated 18-09-2025 from the GST Department, proposing a penalty of ₹ 4,43,404 (0.04 Cr). This notice pertains to alleged non-compliance in self-assessing and discharging taxes during the 2021-22 tax period. The company promptly reviewed the notice with advisors and states that it anticipates no material financial or operational impact from this development. This disclosure underscores the company's commitment to transparency for its shareholders, even for issues deemed non-material.

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