Pidilite Industries Limited has informed the Exchange about Action(s) initiated or orders passed

PIDILITIND · price

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▲ 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

₹1485.80

prior close

₹1472.60

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.1+0.0+0.1-0.5-0.4-2.0-1.8-1.1-0.8+6.3+7.6+8.6—

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AI summary

Pidilite Industries has received an Order-in-Appeal dated 25th May, 2026 from the Deputy Commissioner of State Tax, Appeal authority, imposing a penalty of Rs. 15,18,927 (approximately Rs. 15.19 lakh) under the Central Goods and Services Tax Act for Financial Year 2021-22. The company has stated that the order is appealable and it is reviewing the order to evaluate next steps, including whether to file an appeal with higher authorities. The company has clarified that there is no material impact on its financials, operations, or other activities. The disclosure was filed promptly after examining the order and ascertaining the full facts.

Likely market impact

The penalty amount of Rs. 15.19 lakh is relatively small for a company of Pidilite's size, and the company has explicitly stated there is no material impact. Shareholders need not be concerned as this is a routine tax compliance matter that the company intends to contest through legal avenues.