Subsidiary receives Rs 2.10 crore GST penalty order
PIDILITIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty 100 and 1.0 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Pidilite subsidiary Nina Percept received a Central GST order dated October 31, 2025, imposing a penalty of Rs 2,10,40,494. The company is reviewing the order and evaluating whether to appeal. It expects no material impact on its finances, operations or other activities.
The penalty is not material to Pidilite, though an appeal may cause some uncertainty. The company does not expect a material effect on operations.