Intimation under regulation 30 for penalty order received.
UNOMINDA · price
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UNO Minda Limited received an order from the ETO-cum-Proper Officer (GST), Ward 11, Gurugram regarding excess claim of Input Tax Credit for the tax period 2019-20. The company has been directed to pay tax of Rs. 16,09,621, penalty of Rs. 16,09,621, and interest of Rs. 18,69,365, totaling approximately Rs. 50.89 lakh. The order was received on April 03, 2026. The company has stated it intends to contest the order and does not anticipate any material impact on its financial, operational, or other activities.
The penalty amount of about Rs. 51 lakh is relatively small for a company of UNO Minda's size, and the company is contesting the order, suggesting no immediate material impact on financials or stock price.