Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
PIDILITIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pidilite Industries has received an Order-in-Appeal dated 25th May, 2026 from the Deputy Commissioner of State Tax (Appeal), Mumbai, imposing a penalty of Rs. 15,18,927 (approximately Rs. 15.2 lakh) under the Central Goods and Services Tax Act for the financial year 2021-22. The company states the order is appealable and it is reviewing the decision while evaluating its legal options to challenge the penalty at the highest available authority. Management has confirmed there is no material impact on the company's financials, operations, or other business activities. The intimation was filed promptly after examining the order and ascertaining full facts.
The penalty amount of Rs. 15.2 lakh is negligible relative to Pidilite's scale of operations and revenues, and the company has explicitly stated no material impact. The stock is unlikely to be affected by this disclosure, though investors should monitor if the company decides to formally appeal and the outcome of such appeal.