Pidilite Industries Receives Penalty Order from State Tax Officer

Pidilite Industries has received an order imposing a penalty of ₹13,41,276 from the State Tax Officer, Mobile Squad Bhilad Division 8 Vapi, on October 25, 2025. The company is currently reviewing the order and evaluating its options, including appealing to the appropriate authorities. Pidilite Industries believes there will be no material impact on its financials or operations.

Order Details

Pidilite Industries announced that it received an order imposing a penalty on October 25, 2025. The penalty amount is ₹13,41,276. The order originated from the State Tax Officer, Mobile Squad Bhilad Division 8 Vapi.

Company Response

Pidilite Industries stated that it is currently assessing the order and will take appropriate steps, including a potential appeal to the relevant authorities. The company will make an assessment to exercise its right to appeal to the highest authority as permitted in law.

Impact Assessment

Pidilite Industries has assessed that the order will not have a material impact on the company’s financial condition or operations.

Source: BSE

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