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ABFRL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Haryana State GST (SGST) department in Gurugram (East) has issued an order dated December 30, 2025, demanding a total of ₹9.37 crore from ABFRL. The breakup is: tax of ₹5.05 crore, interest of ₹3.81 crore, and penalty of ₹0.51 crore. The dispute relates to a mismatch between outward tax liability declared in the company's GSTR1 returns versus GSTR3B returns. The company has stated there is no material impact on its financials or operations and believes the demand is not legally tenable. ABFRL plans to file an appeal before the Appellate Authority against this order.
This is a routine tax demand that the company considers contestable and plans to appeal. At ~₹9.37 crore, it is a relatively small amount compared to ABFRL's overall size and is unlikely to move the stock materially. Investors should note it as a pending litigation item but the company itself says there is no financial or operational impact.