Storage Technologies and Automation Ltd — Important, 20-12-2025: Company Update

Storage Technologies and Automation received a GST order from the Karnataka GST Department for fiscal year 2021-22. The order, totaling ₹30,584, includes ₹6,376 in tax, ₹4,208 in interest, and a ₹20,000 penalty, primarily for excess Input Tax Credit claimed. The company is currently examining the order and will pursue appropriate actions. Management expects no significant impact on its financial operations or overall business activities from this development.