Saurashtra Cement has received Show Cause Notice from Office of Deputy Commissioner of State Tax, Maharashtra under Sec 73 of…
Saurashtra Cement (SAURASHCEM) said it has received Show Cause Notice from Office of Deputy Commissioner of State Tax, Maharashtra under Sec 73 of CGST & SGST Act 2017. The company is valued at about ₹620 crore.
What happened
In a filing with the BSE on 26 September 2026 at 06:35 PM, Saurashtra Cement (SAURASHCEM) said that it has received Show Cause Notice from Office of Deputy Commissioner of State Tax, Maharashtra under Sec 73 of CGST & SGST Act 2017.
Company snapshot
Saurashtra Cement is a micro-cap company, with a market value of about ₹620 crore.
The stock last traded at ₹55.72, against a 52-week range of ₹47.65–₹112.3 (50.4% below the high).
Before this filing the shares had moved −2.5% over the month and −0.7% over three months. Average daily turnover over the last 20 sessions was about ₹0.47 crore.
Promoters held 66.62% at the end of Q1 FY27. Foreign institutions owned 0.08% and domestic institutions 0.12%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 424 | 16.9 | 1.52 |
| Q2 FY26 | 386 | -11 | -0.99 |
| Q3 FY26 | 410 | — | -0.92 |
| Q4 FY26 | 447 | 18.8 | 1.69 |
| Q1 FY27 | 457 | 9.1 | 0.82 |
What history shows
BCEIE's records show 1 previous regulatory filing from the company since May 2026.
Market-wide, 5,430 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.
In the news
Recent coverage elsewhere (links open the original publisher):
- Mehta Family Trust acquires 14.57% voting rights in Saurashtra Cement
- Saurashtra Cement delays CS appointment to Oct 1
- Saurashtra Cement shareholders approve all AGM resolutions with high majority
- Saurashtra Cement signs 25-year 14 MW wind-solar hybrid power deal
- Saurashtra Cement CS resigns to take up Paints Division CEO role
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.