Pidilite Industries received a GST penalty order of ₹79.68 lakh from the Joint Commissioner, CGST & C.Ex. Mumbai South for the period July 2017 to March 2018.
The company states the order is appealable and is currently reviewing it to determine next steps, including a potential appeal.
The disclosure confirms there is no material impact on the company's financials, operations, or other activities from this order.