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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Pidilite Industries Ltd

Pidilite Industries receives Rs. 10.42 Lakh GST penalty for FY21

REGULATORY ◆ Monitor Closely LOW RISK
📅 Filed on BSE: 01 Sep 2026, 02:06 PM IST  ·  BSE ID: af8172f0-d2b2-4d4a-8fe1-e3c8da0188ea
View Original BSE Filing (PDF)
💡
In Simple Terms
The company was fined Rs. 10.42 Lakh by GST authorities for a past financial year, and is deciding whether to appeal.
🤖 AI Summary
  • Pidilite Industries received a Rs. 10,42,207 GST penalty order for FY2020-21.
  • The penalty was imposed by the Superintendent of Central GST & C. Excise, Bihar.
  • The company is reviewing the order and considering an appeal to higher authorities.
  • Pidilite Industries confirms no material impact on financials or operations.
  • The order is appealable under the Central Goods and Services Tax Act.
🔢 Key Numbers — exact figures from BSE filing, not rounded
GST Penalty Amount
10,42,207
Financial Year
2020-21
🏢 How This Affects the Company
💰
Financial Impact
The Rs. 10,42,207 penalty does not represent a material impact on the company's overall financials.
⚠️
Risk Impact
This represents an ongoing regulatory risk related to past GST compliance, with the company actively managing its response.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders at this time.
👤
Who Is Affected
All shareholders are informed of the regulatory development, with no direct financial impact on their holdings.
🔍
Management Signal
Management is actively addressing regulatory matters and will pursue legal recourse if deemed appropriate.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company's decision on filing an appeal against the GST order.
Outcome of the appeal process, if initiated, by higher tax authorities.
Future GST compliance updates for the financial year 2020-21.
LOW RISK Confirmed no material financial impact and order is appealable.
💡 Investor Takeaway
Pidilite Industries faces Rs. 10,42,207 GST penalty for FY2020-21, reviewing appeal options with no material financial impact confirmed.
⚖️ Strengths & Concerns

✅ Positives

  • Company has robust processes to review and appeal adverse regulatory orders.
  • No material impact confirmed on financials or operations from this penalty.

⚠️ Concerns

  • Imposition of Rs. 10,42,207 GST penalty for FY2020-21 indicates past compliance issues.
  • Repeated GST penalties suggest potential systemic compliance challenges requiring ongoing scrutiny.
📅 Company Track Record
Pidilite Industries has faced multiple GST penalty orders in recent months for various financial years, including Rs. 46.98 Lakh for FY21-23, Rs. 34.65 Lakh for FY18, Rs. 21.44 Lakh for FY23, and Rs. 39.98 Lakh for FY19, with the company reviewing appeal options.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What penalty was imposed on Pidilite Industries by GST authorities?
Pidilite Industries received an Order-in-Original imposing a penalty of Rs. 10,42,207 for F.Y. 2020-21.
Which financial year does the Rs. 10.42 Lakh penalty relate to?
The penalty of Rs. 10,42,207 pertains to the Financial Year 2020-21.
Does the Rs. 10.42 Lakh GST penalty impact Pidilite Industries' financials?
Pidilite Industries has confirmed that there is no material impact on its financials, operations, or other activities.
Can Pidilite Industries appeal the Rs. 10.42 Lakh GST penalty order?
Yes, the order is appealable, and the company is reviewing the order to evaluate its right to appeal to the highest authority.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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