Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in continuation to our letter dated January ....
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 a revised order from the Additional Commissioner of Central Tax, GST Commissionerate, Belagavi, Karnataka, reducing the penalty from INR 74 million to INR 31 million in a case related to GST on Outward Supply for Financial Year 2017-18. The revised order was received on November 28, 2025, and follows an earlier communication from January 23, 2025. The company has stated that this order is appealable and it will evaluate whether to exercise its right to appeal further. Despite the reduction, the penalty still represents a significant financial outflow compared to the original assessment.
Positive for shareholders as the penalty was reduced by about 58% (from INR 74 million to INR 31 million), lowering the potential financial hit. However, the company is still considering further appeal, and any final payout will depend on that outcome. The amount is relatively small compared to Bayer CropScience's overall scale, so the stock impact should be limited.