Pursuant to Regulation 30 of the Securities and Exchage Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received ....
BAYERCROP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Bayer CropScience has received penalty orders from the Office of the Superintendent (Adjudication-II), CGST & Central Excise, Indore, related to GST on Input Tax Credit availed for FY 2018-19 and FY 2019-20. The penalty is Rs. 1 million for FY 2018-19 and Rs. 103 million for FY 2019-20, totalling about Rs. 104 million (approximately ₹10.4 crore). The orders were received on December 24, 2025. The company has stated that the orders are appealable and it will assess its right to appeal. The matter pertains to the company's Indore operations and is an old issue covering a 6-7 year period.
The immediate financial impact is a combined penalty of roughly ₹10.4 crore, which is small relative to Bayer CropScience's overall size but is a negative regulatory development. Since the company plans to appeal, the final amount could be reduced or overturned, limiting downside for shareholders in the near term.