Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that the Company has received an Order from the Office of the Deputy Commissioner of Commercial Taxes, Large Taxpayers Unit-1, Bengaluru
BRITANNIA · price
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Awaiting price reaction for this filing.
Britannia Industries has received an order from the Deputy Commissioner of Commercial Taxes, Large Taxpayers Unit-1, Bengaluru, under Section 73 of the CGST Act, 2017. The order alleges availment of ineligible Input Tax Credit and quantifies a demand of Rs. 35.20 lakh in tax, Rs. 25.19 lakh in interest, and Rs. 3.52 lakh in penalty, totalling approximately Rs. 63.92 lakh. The order was received on 29th December 2025 via the GST portal. The company has stated that this will have no material impact on its financials or operations and plans to appeal the order.
The demand amount (~Rs. 64 lakh) is negligible relative to Britannia's size and the company confirms no material financial or operational impact. Shares are unlikely to be meaningfully affected, though the appeal process will be watched.