Matrimony.com Receives GST Penalty Orders Totaling ₹10.3 Crore

Matrimony.com discloses receipt of four GST penalty orders totaling ₹10.3 crore from authorities in Chennai, Bengaluru, Ernakulam, and Mumbai.
The company states there is no material financial or operational impact from these orders and believes it has a strong case on merits.
Disclosure was filed under SEBI LODR Regulation 30 after a delay due to internal evaluation and seeking expert opinion.
Penalties relate to Input Tax Credit (ITC) distribution issues and alleged violations for periods from April 2019 to March 2023.