Tax demand of about INR 15.5 lakh from Bihar state tax office for FY 2019-20
WHIRLPOOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 1.1 pts less than its Household Appliances peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Whirlpool of India has received an order dated July 2, 2026 from the Office of Additional Commissioner of State Tax, Bihar under Section 73 of the IGST, CGST and SGST Act, 2017 for financial year 2019-20. The order levies a tax demand of INR 6,96,018, interest of INR 7,74,696 and penalty of INR 80,812, totalling roughly INR 15.5 lakh. The company has stated there is no material impact on its financials or operations and is evaluating the matter to decide on further action.
Small demand relative to company size, no material impact stated; investors should watch if the company decides to appeal.