Dalmia Bharat Limited has informed the Exchange about General Updates
DALBHARAT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dalmia Bharat's wholly owned subsidiary Dalmia Cement (Bharat) Limited (DCBL) received two GST orders dated March 26, 2026 from tax authorities in Uttar Pradesh and Jharkhand, demanding tax and interest along with equal penalties for disallowance of Input Tax Credit for FY 2019-20. The Varanasi order involves Rs. 21.75 lakh in tax/interest plus Rs. 21.75 lakh penalty (total ~Rs. 43.5 lakh), while the Bokaro order involves Rs. 1.27 crore in tax/interest plus Rs. 1.27 crore penalty (total ~Rs. 2.54 crore). The combined total exposure is roughly Rs. 2.97 crore. The company has stated this does not have a major financial impact on DCBL and plans to appeal both orders before the Appellate Authority.
The financial hit is small relative to DCBL's scale, so this is unlikely to materially affect the stock. However, it is a lingering tax overhang that shareholders should monitor as appeals progress.