Dabur India Limited has informed the Exchange regarding 'Update on disclosure dated 17.10.2023 and 26.11.2024'.
DABUR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.4 pts more than Nifty Midcap 150 and 1.1 pts more than its Personal Care peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Dabur India has informed the exchanges that the Commissioner (Appeals), CGST Appeals Commissionerate, Chandigarh, has ruled against the company in an ongoing GST matter. The order, received on July 29, 2025, held that a penalty is now leviable on the company in relation to a demand under Section 74(5) of the CGST Act, 2017, which stems from earlier notices from the Directorate General of GST Intelligence (Gurugram) and an order from the Additional Commissioner, CGST Commissionerate, Chandigarh. The demand amount has not been quantified yet and has been sent back to the jurisdictional officer to re-calculate the tax, interest, and penalty within one month. Dabur has stated that there is no impact on its operations or business activities, and the financial impact will be limited to the final tax liability, interest, and penalty as ultimately determined. The company is seeking legal advice and plans to file an appeal with the Tribunal.
Negative near-term overhang — an adverse ruling on penalty leviability increases the likelihood of a financial outflow, though the quantum is still unknown. The company's plan to appeal at the Tribunal may delay any actual payout. Watch for the quantified demand in the coming months.