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Kirloskar Oil Engines Limited has received a tax order from the Deputy Commissioner of State Tax, imposing a GST demand of ₹1.28 Cr, interest of ₹1.10 Cr, and a penalty of ₹25.13 lakh for the financial year 2020-21 due to short payment and disallowed Input Tax credit. The company plans to appeal the decision, expecting no material impact on its financials or operations. This situation may evoke a neutral impact among investors, as the appeal process could present some uncertainty, yet the management's confidence in handling the issue might provide a positive outlook on risk management.