DCM Shriram Limited has received a Goods and Services Tax (GST) demand order from the Superintendent of Central Goods and Services Tax, Range XXXIV, Kota, Rajasthan. The order, dated 23rd December 2025, was brought to the company's notice on 24th December 2025. The demand pertains to the disallowance of Input Tax Credit (ITC) on certain goods and services procured for the factory canteen, for the Financial Years 2018-19 and 2019-20. The total demand includes a tax of ₹19.84 lakhs, applicable interest, and an equivalent penalty of ₹19.84 lakhs, totaling ₹39.68 lakhs. The company is currently evaluating its appellate remedies to contest this demand. DCM Shriram Limited stated that there is no material impact financially, operationally, or otherwise on the Company, beyond the aforementioned tax demand, interest, and penalty.