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

PIDILITIND · price

Loading chart…

▲ 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

-5.8%1-day move

₹1368.70

prior close

₹1351.70

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-0.5-0.7-0.9-0.6-5.8-4.5-7.1-5.8-5.0-1.5+3.6+2.1+8.1+16.8

Up moveDown movePending

AI summary

Pidilite Industries has received an order from the Assistant Commissioner (ST), Visakhapatnam, Andhra Pradesh, imposing a total GST penalty of approximately Rs. 1.21 crore (Rs. 1.17 crore for FY 2021-22 to 2023-24 plus Rs. 3.77 lakh for FY 2024-25) under the Central Goods and Services Tax Act. The order was passed on 24th March 2026 and received on the GST Portal on the same day. The company has stated that the order is appealable and it is reviewing the matter to decide on next steps, including filing an appeal. Importantly, the company has clarified that there is no material impact on its financials, operations, or other activities.

Likely market impact

The penalty amount is very small relative to Pidilite's overall business and is unlikely to affect the stock price meaningfully. Since the order is appealable and the company plans to challenge it, the final financial impact could be lower than the stated penalty.