Pursuant to Regulation 30 of the Securities and Exchange 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.
Bayer CropScience has received a penalty order of Rs. 11.87 million from the Office of the Assistant Commissioner, Central GST, Division-IV (Narol), Ahmedabad. The order relates to GST on Outward Supply for Financial Year 2019-20 and was received on March 26, 2026. The company has stated that the order is currently appealable and it will assess whether to exercise its right to appeal. The disclosure has been made under SEBI Listing Regulations to inform the stock exchange.
The penalty amount of Rs. 11.87 million is relatively small for Bayer CropScience and is unlikely to materially affect financials. Since the company plans to appeal, the final liability is not yet determined, so the immediate impact on shareholders should be minimal.