Redington Limited has informed the Exchange about Action(s) initiated or orders passed
REDINGTON · price
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Redington Limited has received a GST assessment order dated December 30, 2025, from the Additional Commissioner of the CGST Gurugram Commissionerate. The order, covering financial years 2018-19, 2019-20, and 2021-22, raises a total demand of ₹148.33 crore including interest and penalty. The issue relates to disallowance of input tax credit claims under Section 74 of the GST Act. The company has stated that based on its own assessment and legal advice, it does not expect this order to have any material financial impact on its operations or financials.
While the ₹148.33 crore demand is sizeable on paper, the company's position that it will have no material financial impact should reassure investors in the near term. However, if the company contests and loses, there could be a future financial hit, so investors should monitor how this dispute progresses.