Whirlpool of India Limited — Important, 28-02-2025: General Updates

In a recent update, Whirlpool of India has received an order from the Office of the Commissioner of Central Goods and Services Tax Commissionerate in Ghaziabad, disallowing GST input tax credit of ₹2.09 crore for FY 2020-21. Additionally, a penalty of ₹0.21 crore has been imposed. The company has indicated that this development will not have a material impact on its financial or operational activities. Whirlpool plans to file an appeal against the order, signaling proactive measures to address the situation. Investors should watch closely for further developments, as the outcome of the appeal may influence the company's financial posture moving forward.