Schneider Electric Infrastructure Limited has informed the Exchange about Action(s) initiated or orders passed
SCHNEIDER · price
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Schneider Electric Infrastructure Limited has received a Rectification Order dated June 11, 2025, from the Additional Commissioner, CGST Gurugram (CBIC), related to an earlier order-in-original dated December 30, 2023. The original tax demand of ₹3.23 crore has been revised downward to ₹3.05 crore, along with a penalty of ₹32.34 lakh, taking the total to ₹3.38 crore. The demand has been reclassified across CGST, SGST, and IGST heads. The company has stated the financial impact is limited to the extent of the rectified order.
The rectification order is mildly favorable as it slightly reduces the original tax demand, but the company still faces a total liability of around ₹3.38 crore (tax + penalty) in GST dues. This is a routine tax-related regulatory matter and is unlikely to have a material impact on the stock price, though it represents an ongoing indirect tax exposure for shareholders.