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 Superintendent, Range-1, Mundra Division, CGST Kutch Gandhidham.
BRITANNIA · price
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Britannia Industries has received an order from the CGST Superintendent in Mundra Division, Kutch Gandhidham, alleging excess availment of Input Tax Credit under Section 73 of the CGST Act, 2017. The total demand is Rs. 1,35,002, comprising Rs. 1,22,729 in tax and Rs. 12,273 in penalty. The order was received via email on 30th December 2025. The company has stated there is no material impact on its financials, operations, or other activities. Britannia plans to appeal the order and exercise available legal remedies under GST law.
The demand amount is negligible relative to Britannia's size and the company confirms no material financial or operational impact. Shareholders are unlikely to see any meaningful effect on the stock; the matter is routine tax compliance and will be contested.