Pidilite Industries Limited has received an Order-in-Appeal dated 30th June 2026 from the Deputy Commissioner of State Tax, Appeal, MUM-APP-E-1101, Mumbai, confirming a penalty of Rs 0.40 crore imposed under the Central Goods and Services Tax Act for the financial year 2018-19.
The penalty was originally levied through an Order-in-original dated 16th April 2024. Pidilite Industries Limited received the Order-in-Appeal on 30th June 2026 and disclosed the development through a regulatory filing with BSE Limited and National Stock Exchange of India Limited on 2nd July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Pidilite Industries Limited is reviewing the order and evaluating next steps in the matter. The order is appealable, and Pidilite Industries Limited will make an assessment to determine whether to exercise its right to appeal to the highest authority as permitted under law.
Pidilite Industries Limited has stated that there is no material impact on its financials, operations, or other activities arising from this order. Pidilite Industries Limited is registered under corporate identification number L24100MH1969PLC014336 and is listed on BSE (stock code 500331) and National Stock Exchange (stock code PIDILITIND).
The intimation was filed at the earliest opportunity upon examining the order and ascertaining the full facts. The information has also been hosted on the website of Pidilite Industries Limited at www.pidilite.com. The regulatory filing was signed by Manisha Shetty, Company Secretary of Pidilite Industries Limited.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.