About the Company – Amber Enterprises India Ltd.
Amber Enterprises India Limited is a leading manufacturer of air conditioners and components for Room Air Conditioner (RAC) and non-AC segments. It serves top Indian and global brands and has established itself as a prominent player in the HVAC (Heating, Ventilation, and Air Conditioning) industry. Its strong manufacturing capabilities and pan-India presence make it a strategic partner for many consumer durable brands.
📰 Detailed Report:
On April 8, 2025, Amber Enterprises India Ltd. received a Show Cause Notice (SCN) in the form of DRC-01 from the GST Department of Uttarakhand. The notice pertains to a mismatch between E-Way Bill entries and Bill of Entry Summary, resulting in the detention of goods and an imposed penalty of ₹21,58,012.
The company has clarified that it will deposit the penalty amount under protest to expedite the release of the detained goods. However, Amber plans to challenge the penalty by filing an appeal and seeking a refund of the said amount.
This disclosure is made under Regulation 30 of the SEBI LODR Regulations, complying with transparency norms for listed companies. While this event involves a financial impact, the company has signaled that the issue is procedural in nature and it does not expect long-term operational disruption. The penalty’s payment is not an acceptance of guilt but a tactical step to resume business promptly.
🔹 📌 Points:
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📅 Date of Notice: 8th April 2025
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🏛️ Issued By: GST Department, Uttarakhand
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🧾 Document Type: Show Cause Notice (SCN) – Form DRC-01
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🔍 Issue: Mismatch between E-Way Bill and Bill of Entry Summary
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🚚 Impact: Detention of goods
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💸 Penalty Imposed: ₹21,58,012
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🛡️ Company Action:
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Will deposit the penalty amount under protest
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Appeal to claim refund
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⚖️ Regulation Disclosure: As per SEBI LODR Regulations, 2015
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🌐 Update Available On: Company’s official website
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🔄 Operational Continuity: No long-term disruption expected
📈 Effect on Share Market
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🟠 Short-Term: Possible mild negative sentiment due to regulatory penalty
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🔄 Neutralizing Factors:
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Company’s proactive response
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Clarification of no operational disruption
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📉 Stock Reaction: Could show minor dip intraday; recovery expected if market sees it as procedural
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🧠 Investor Sentiment: Neutral to Cautious
🛍️ How Does This Help Retail Traders?
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📚 Helps understand regulatory events’ impact on share value
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🔍 Encourages close monitoring of corporate disclosures
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📊 Offers clarity on how companies manage compliance issues
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🧩 Helps retail investors evaluate risk before entry or exit
🗣️ Chats:
💬 User: What’s happening with Amber?
💬 ChatBot: Amber Enterprises received a penalty from the GST Department for invoice mismatches. They’re paying under protest and will appeal. Share price might see short-term jitters but no major operational risk.
💬 User: Should I exit?
💬 ChatBot: Not necessarily. Monitor price action and news flow. Since they’re appealing, this might resolve smoothly.
💬 User: Thanks!
💡 Insight Points:
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“Know before the market reacts!”
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“Decode corporate filings like a pro 📄”
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“Retail eyes, smart insights 💡”
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“Compliance today, clarity tomorrow!”
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“Behind every penalty, there’s a recovery plan 🛡️”
📉 Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.
