ICICI Prudential Life received a partial appellate order on March 30, 2026 from Joint Commissioner of State Tax, Appeals, Maharashtra on a FY2019 GST dispute.
Total tax demand upheld (partially) stands at ₹240.78 crore, comprising GST of ₹97.91 crore, interest of ₹133.07 crore, and penalty of ₹9.80 crore.
The Company states no financial impact at this stage and intends to file a further appeal before the appropriate authority.