17-Sept-2026 16:35:41

SCHNEIDER ELECTRIC : POSITIVE IMPACT FROM REFUND SANCTION ORDER

• The company received a consequential Refund Sanction Order in Form GST RFD-06 from GST authorities. • This order is pursuant to a favorable appellate order dated May 11, 2026, which had set aside a demand of INR 58,25,872/- • The sanctioned refund is for INR 2,96,303/-, which was the pre-deposit made for filing the appeal. • The refund has been credited to the company's electronic credit ledger. • Impact: Positive (Refund of pre-deposit amount received following favorable appellate order)

Schneider Electric President Systems Ltd

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