Gravita India Limited has informed the Exchange about Action(s) taken or orders passed
GRAVITA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gravita India Limited has received a penalty order from the Office of Assistant Commissioner, Ghaziabad, Uttar Pradesh dated 16th May 2026. The penalty amount is Rs. 1,65,863/- (approximately Rs. 1.66 lakh) imposed under Section 129 of the Goods and Services Tax Act, 2017. The violation relates to a discrepancy where the place of loading mentioned in documents differed from the actual place of loading. The company has clarified that there is no material impact on financial or operational activities beyond the penalty amount itself. The disclosure is made pursuant to Regulation 30 of SEBI Listing Regulations.
The penalty amount of Rs. 1.66 lakh is relatively small for a company of Gravita's size and the company has confirmed no material operational or financial impact. This appears to be a routine GST compliance matter rather than a serious regulatory concern.