Announced Fri, 10 Jul · 14:52 IST
GST penalty of Rs 34.66 lakh confirmed at appeal, company to challenge further
PIDILITIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹1588.40
prior close
₹1590.00
base price
In-mkt
timing
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+0.3+0.5+0.5+0.3-0.5-2.0-1.2-1.8-1.5+0.4————
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AI summary
Pidilite Industries has received an Order-in-Appeal dated July 8, 2026 from CGST Patna confirming a GST penalty of Rs 34.65 lakh for FY 2017-18. The original order was passed in November 2023. The company says there is no material impact on financials, operations or activities, and plans to evaluate further appeal to the highest authority.
Likely market impact
Penalty is small relative to company size. Company plans further appeal. No material impact stated by management.