GE Vernova T&D India Limited has informed the Exchange about Action(s) initiated or orders passed
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On the reaction day the stock moved 0.8 pts more than Nifty Midcap 150 and 1.4 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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GE Vernova T&D India has received two GST demand orders on December 30, 2025, from the Office of the Assistant Commissioner in Delhi and Raigarh, Chhattisgarh. The issues relate to turnover mismatches between GSTR-1 and GSTR-7, ITC mismatches in GSTR-3B vs 2A, and irregular availing of exemptions for FY 2021-22. Combined financial exposure is approximately ₹4.99 crore in tax (₹2.70 crore + ₹2.28 crore), ₹49.88 lakh in penalty (₹27.04 lakh + ₹22.84 lakh), and ₹3.39 crore in interest (₹1.83 crore + ₹1.56 crore), totalling around ₹8.88 crore. The company has stated there is no material impact on its financials or operations. It plans to file an appeal before the first Appellate Authority against both orders.
The combined demand of roughly ₹8.88 crore is described by the company as immaterial, but shareholders should watch the appeal outcome as a final adverse order could affect earnings. Short-term stock impact is likely limited given the size of the demand versus the company's scale.