Berger Paints (I) Limited has informed the Exchange about Action(s) initiated or orders passed
BERGEPAINT · price
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Awaiting price reaction for this filing.
Berger Paints has disclosed a tax-related order received from the Assistant Commissioner of CGST & C Excise, Patna-I, dated July 30, 2025. The order stems from a show cause notice for FY 2018 concerning an alleged lower tax liability discharged by the company. The total demand is about ₹3.32 lakh, comprising a tax component of ₹1,65,922 and an equal penalty of ₹1,65,922. The company has stated there is no material impact on its financials, operations, or other activities. Berger Paints is currently evaluating the order and may decide to contest or appeal it.
The financial impact is negligible — roughly ₹3.32 lakh is trivial for a company of Berger Paints' size. Shareholders are unlikely to see any meaningful effect on earnings or stock price from this order, though it reflects a routine tax compliance matter from a prior year.