Pidilite Industries Limited received an Order dated 25th April, 2024, which was received through email on 26th April, 2024, issued by the Superintendent (Range-IV) CGST Division, Dehradun. The penalty confirmed in the order is INR 90,465/- for the period 2018-2019 under applicable provisions of the Central Goods and Service Tax Act, 2017. GST department has disallowed the Input Tax Credit claimed by the Company.

Based on the Company's assessment, the Company reasonably expects a favourable outcome at the appellate level. There is no material impact on financials, operations or other activities of the Company.