Tata Power Company Limited has informed the Exchange about Action(s) taken or orders passed
TATAPOWER · price
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Tata Power has informed the exchanges that a penalty of approximately ₹2.40 lakh has been imposed on the company by the Deputy Commissioner of State Tax, Uttar Pradesh. The order, received on July 9, 2025, was issued under Section 129(3) of the IGST Act in connection with the detention of goods that were found to have discrepancies in their accompanying documents during transportation. The company has explicitly stated that this action has no material impact on its financial, operational, or other activities. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements, 2015.
This is a routine, immaterial tax compliance matter with a penalty amount that is negligible relative to Tata Power's overall business. It is highly unlikely to have any meaningful effect on the stock price or shareholder value.