InterGlobe Aviation Limited has informed the Exchange about Action(s) taken or orders passed
INDIGO · price
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InterGlobe Aviation (IndiGo) has informed exchanges about an order from the Office of the Joint Commissioner, Lucknow (Uttar Pradesh) denying input tax credit claimed for FY 2021-22 and raising a demand along with interest and a penalty of approximately ₹14.59 lakhs. The communication was received on December 29, 2025. The company has stated that it believes the order is erroneous, is backed by advice from external tax advisors, and will contest it before the appropriate appellate authority. IndiGo has clarified that there is no significant impact on its financials, operations, or other activities from this order.
The penalty amount is negligible compared to IndiGo's overall scale, so immediate financial impact is minimal. However, if the underlying input tax credit denial involves a larger demand, it could become more material depending on the outcome of the appeal.