Aditya Birla Lifestyle Brands Limited has informed the Exchange about Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ( SEBI Listing Regulations )
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Aditya Birla Lifestyle Brands Limited has disclosed three GST demand orders issued by the Office of Superintendent of Central Tax, Bangalore-East Commissionerate on March 17, 2026 (received March 18, 2026). The orders, technically in the name of Aditya Birla Fashion and Retail Limited (ABFRL), relate to the lifestyle brands business that was demerged into the company effective May 1, 2025. The three disputes cover reversal of ITC on vendor defaulter, concessional rate claim and non-payment of tax on vehicle sales, and exports without payment of IGST, all for FY 2019-20 to FY 2022-23. Total demand across the three orders is approximately ₹98.4 lakhs (tax + penalty of about ₹49.2 lakhs each), with interest not yet quantified. The company has stated there is no material impact on its financials or operations, believes the demand is not tenable under the law, and intends to file an appeal before the Appellate Authority.
The financial impact is minimal as the total demand is roughly ₹1 crore and the company is contesting it. Shareholders are unlikely to see a meaningful impact on stock price, though final outcome of the appeal will determine any actual liability.