Pidilite Industries is reviewing an Order-in-Original dated August 31, 2026, from the Superintendent of Central GST & C. Excise. The order imposes a penalty of ₹10,42,207 for the Financial Year 2020-21 under the Central Goods and Services Tax Act. The company is evaluating its options to appeal the order, stating there is no material impact on its financials or operations.
GST Penalty Order Received
Pidilite Industries Limited has disclosed the receipt of an Order-in-Original from the Superintendent of Central GST & C. Excise, Fatuha Range, Bihar. The order, dated August 31, 2026, was received via email on the same day and imposes a penalty of ₹10,42,207. This penalty is levied under the applicable provisions of the Central Goods and Services Tax Act for the Financial Year 2020-21.
Company’s Response and Next Steps
The company has confirmed that the Order is appealable. Pidilite Industries is currently in the process of reviewing the order and assessing the appropriate next steps. The management intends to evaluate exercising its right to appeal to the highest authority as permitted by law. Crucially, the company has stated that this matter has no material impact on its financial performance, operational activities, or other business functions.
Information Disclosure
This information has been disseminated to the relevant stock exchanges, the BSE Ltd. and the National Stock Exchange of India Ltd., as per regulatory requirements. Furthermore, the company is hosting the same information on its official website, www.pidilite.com, for public record and accessibility.
Source: BSE
