Announced Wed, 31 Dec · 20:09 IST

Amara Raja Energy & Mobility Limited has informed the Exchange about Action(s) taken or orders passed

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Amara Raja Energy & Mobility has informed the exchanges about a GST order dated December 31, 2025, issued by the Deputy Commissioner of Circle-A, Jaipur-III, Rajasthan, under Sections 74 and 122 of the CGST/RGST Act, 2017. The order relates to alleged delay in raising tax invoices for scrap batteries transferred from Rajasthan to the company's head office and then shipped to the smelter. The total demand comes to about Rs. 7.77 crore, broken down as Rs. 1.47 crore in tax, Rs. 4.40 crore in penalty, and Rs. 1.89 crore in interest. The company has stated that there is no material impact on its financial or operational activities and that it will file an appeal against the order, noting that it had already voluntarily paid the applicable tax and interest and denies any intent to evade tax.

Likely market impact

The combined demand of roughly Rs. 7.77 crore is small for a company of this size and management has explicitly said it will not materially affect operations or financials. For shareholders, this is a routine tax dispute likely to be contested in appeal and is unlikely to have a meaningful impact on the stock price.