Saurashtra Cement has received a Show Cause Notice from the Office of the Assistant Commissioner of State Tax, Unit-86,…
Saurashtra Cement (SAURASHCEM) said it has received a Show Cause Notice from the Office of the Assistant Commissioner of State Tax, Unit-86, Porbandar-360575 under Section 74(5) of Central Goods Services Tax Act. The company is valued at about ₹540 crore.
What happened
In a filing with the BSE on 8 November 2026 at 01:02 PM, Saurashtra Cement (SAURASHCEM) said that it has received a Show Cause Notice from the Office of the Assistant Commissioner of State Tax, Unit-86, Porbandar-360575 under Section 74(5) of Central Goods Services Tax Act.
Company snapshot
Saurashtra Cement is a micro-cap company, with a market value of about ₹540 crore.
The stock last traded at ₹48.53, against a 52-week range of ₹44.76–₹99.99 (51.5% below the high).
Before this filing the shares had moved −4.1% over the month and −20.1% over three months. Average daily turnover over the last 20 sessions was about ₹0.27 crore.
Promoters held 66.62% at the end of Q2 FY27. Foreign institutions owned 0.01% and domestic institutions 0.12%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 386 | -11 | -0.99 |
| Q3 FY26 | 410 | -10.3 | -0.92 |
| Q4 FY26 | 447 | 18.8 | 1.69 |
| Q1 FY27 | 457 | 9.1 | 0.82 |
| Q2 FY27 | 377 | -8.7 | -0.78 |
What history shows
This is not the company's first regulatory disclosure: BCEIE has 2 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 3.2% on average the next trading day and was down 5.0% on average after five days (2 filings with price data).
Market-wide, 5,623 regulatory filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 26 Sept 2026 | The Company has received Show Cause Notice from Office of Deputy… | −2.9% | −7.8% |
| 21 Jul 2026 | Disclosure Under Reg 30 (3) Of SEBI (LODR) Regulations, 2015 With… | −3.6% | −2.4% |
In the news
Recent coverage elsewhere (links open the original publisher):
- Saurashtra Cement Limited Appoints Tusher Majumder as Head – Human Resource
- Tusher Majumder to head HR at Saurashtra Cement
- Saurashtra Cement receives ₹1.91 Cr GST show cause notice for FY23
- Saurashtra Cement Q2 Results FY27: Net Loss Narrows 21.94%
- Saurashtra Cement Q2FY27 Results: Net loss widens to ₹861 lakh
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.