On March 29, 2025, 20 Microns Limited informed the stock exchanges (BSE and NSE) regarding an important regulatory update in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that it had received an order from the Department of Inspector General of Registration and Superintendent of Stamps, Gujarat. This order is related to the payment of stamp duty along with a fine concerning the transfer of assets that took place during an amalgamation and merger in the past.

The order mandates the payment of Rs. 5,88,680, which consists of Rs. 3,28,680 as stamp duty and Rs. 2,60,000 as a fine. The department issued the order under Articles 20 and 57 of The Gujarat Stamp Act, 1958. The company received this order on the same day, March 29, 2025, which required immediate attention and action from the company’s side.

According to the disclosure, the stamp duty and fine are linked to the transfer of various assets that occurred in the past as part of the amalgamation and merger process. The company, in its official statement, assured stakeholders that it adheres to the highest standards of corporate governance, compliance, and the timely payment of statutory dues and taxes. The company remains committed to these principles and is acting in accordance with the prescribed regulations.

The order mandates the company to pay the stated amount, but it is important to note that this payment is not expected to materially impact the company's overall financial position or operations. The company has emphasized that while the payment is necessary, it does not foresee any major operational or financial disruptions due to the imposed fine and stamp duty payment.

The regulatory disclosure provided includes additional details in the Annexure-A, where specifics such as the name of the authority, nature of the action, date of receipt of the order, and details of the violation(s) are outlined.

In terms of impact, the company has stated that while the financial outlay of Rs. 5,88,680 is necessary, it will not have any significant adverse effects on the operations or financial standing of 20 Microns Limited. The company reassures investors and other stakeholders that it is actively managing this situation while upholding compliance with regulatory frameworks.

This development represents another instance of 20 Microns’ commitment to corporate governance and adherence to statutory requirements, as part of its ongoing efforts to ensure transparency and compliance in all its operations.

The company will continue to inform the stock exchanges of any further developments related to this matter as required under the SEBI regulations and other applicable laws.

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