Jubilant Ingrevia received a GST appeal order confirming a tax demand of ₹1.02 crore plus equal penalty and interest for FY 2017-18.
The order was passed by the Additional Commissioner, State Tax, Moradabad on alleged wrongful transitional credit availment.
The company will file an appeal before the GSTAT, stating no material financial or operational impact from this order.
This is a regulatory disclosure under SEBI Listing Regulations, filed by the Company Secretary on May 5, 2026.