Delhivery Limited has disclosed that its wholly-owned subsidiary, Ecom Express Limited, has received an order from the Deputy Commissioner SGST, Uttar Pradesh. The order, dated October 28, 2026, confirms a tax demand of ₹78,56,452, with interest of ₹1,33,93,806 and a penalty of ₹17,85,645. This cumulative demand amounts to approximately ₹9.96 crore. Delhivery states that Ecom Express will take necessary steps and anticipates no material impact on the financials or operations of either Ecom or the parent company.
Subsidiary Faces Tax Order
Delhivery Limited announced that its wholly-owned subsidiary, Ecom Express Limited, has been served with an order by the Office of the Deputy Commissioner SGST in Uttar Pradesh. The directive, dated October 28, 2026, pertains to the fiscal year 2022-23.
Details of the Tax Demand
The order confirms a tax demand amounting to ₹78,56,452. Additionally, interest of ₹1,33,93,806 and a penalty of ₹17,85,645 have been levied. This brings the total amount confirmed to approximately ₹9.96 crore. The demand has been raised due to the disallowance of input tax credit.
Company’s Response and Impact Assessment
Ecom Express Limited intends to take necessary steps to address the order. Delhivery Limited has assessed the situation and stated that there is no material impact expected on the financial performance, operations, or other activities of either Ecom Express or Delhivery Limited itself.
This disclosure is made in compliance with Regulation 30 of the SEBI (Listing Regulations and Disclosure Requirements) Regulations, 2015.
Source: BSE
