AWL Agri Business Limited has informed the Exchange about General Updates
AWL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
AWL Agri Business Limited (formerly Adani Wilmar Ltd.) has received an order from the Assistant Commissioner of State Tax, Ahmedabad imposing a penalty of Rs. 25,11,610 (approximately Rs. 25.12 lakhs). The penalty relates to Input Tax Credit (ITC) disallowance under Section 16 of the Gujarat/Central GST Act, 2017. The order was issued and received on June 6, 2025. The company has stated it will file an appeal against the order before the appropriate authority. AWL has clarified that it does not foresee any material impact on its financial, operational, or other activities from this order.
The penalty amount is small relative to the size of the company and is unlikely to have any meaningful impact on the stock price or operations. Investors should note that the company is contesting the order, but the matter itself is a routine tax-related dispute, not a regulatory enforcement action by SEBI or any market regulator.