Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received ....
BAYERCROP · price
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Bayer CropScience has received an order from the Office of the Assistant Commissioner of State Tax, Cuttack, Odisha, imposing a penalty of Rs. 29.83 million. The penalty relates to E-way bill documentation issues for Financial Year 2019-20. The order was received on March 30, 2026. The company has stated that the order is appealable and it is evaluating the option to appeal. The disclosure has been made to the stock exchange under SEBI Listing Regulations.
The penalty of Rs. 29.83 million is relatively small for a large company like Bayer CropScience and is unlikely to have a material impact on its financials or operations. Shareholders should note the matter but it is not expected to meaningfully affect the stock price, especially since the company may appeal the order.