Dixon Technologies (India) Limited has informed the Exchange about Action(s) initiated or orders passed- Imposition of fine and penalties.
DIXON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Office of Assistant Commissioner (GST), Uttarakhand has imposed a penalty of INR 15,60,864 on Dixon Technologies for violations under Section 129(3) of the GST Act. The penalty was triggered due to a difference in the value of goods declared on delivery challan and E-way bill. The company received the order on 8th May 2026 and has stated it will file an appeal against the order. The penalty amount is relatively small and the company is taking legal steps to contest it.
This is a GST compliance issue rather than a securities violation. The financial impact is minor at around INR 15.6 lakhs for a company of Dixon Technologies' size. The appeal filing indicates the company disputes the penalty, which may result in reduction or reversal.