ULTRACEMCONSEUltraTech Cement Limited· Cement And Cement ProductsMediumNeutral
Announced Thu, 26 Mar · 17:20 IST

UltraTech Cement Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & Legal View source PDF

ULTRACEMCO · price

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Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹11200.00
prior close
₹11174.00
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AI summary

UltraTech Cement has received an Order in Original from the Assistant Commissioner, Central GST, Kerala, confirming a tax demand of approximately Rs. 25.74 lakh along with an equal penalty of Rs. 25.74 lakh, totaling around Rs. 51.47 lakh. The order pertains to alleged irregular availment of Input Tax Credit (ITC) on blocked credit covering financial years 2019-20 to 2022-23. The order was received on 25th March 2026. The company has stated it will contest the demand and does not expect any material financial impact on its operations or finances.

Likely market impact

The financial impact is negligible as the total demand and penalty of about Rs. 51.47 lakh is immaterial relative to UltraTech's overall size. Shareholders are unlikely to see any meaningful effect on the stock price from this disclosure.