Godfrey Phillips India Limited has informed the Exchange about Intimation under Regulation 30.
GODFRYPHLP · price
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On the reaction day the stock moved 3.5 pts less than Nifty Midcap 150 and 3.5 pts less than its Fast Moving Consumer Goods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Godfrey Phillips India Limited has disclosed a GST order received on 29th December 2025 from the Office of the Assistant Commissioner, CGST Delhi East Commissionerate, New Delhi. The order demands GST along with interest and imposes a penalty of approximately Rs. 11.98 lakh, alleging irregular availment and utilization of Input Tax Credit (ITC) under GST laws. The company has stated that the order has no material impact on its financials, operations, or other activities. It is evaluating all available options, including filing an appeal against the order.
The penalty amount is small (around Rs. 12 lakh) relative to the size of the company and is described as non-material by management, so share price impact is likely minimal. However, investors should watch for the appeal outcome and any escalation in similar GST matters.