AWL Agri Business Limited — Others, 05-02-2025: Action(s) taken or orders passed

Adani Wilmar Ltd. has received a penalty order from the Deputy Commissioner of CGST & Central Excise Division, Lucknow-I, amounting to ₹41.99 crore, related to a tax demand under the Uttar Pradesh GST Act, 2017. The company intends to appeal this order and does not anticipate any significant impact on its financial or operational activities. This development reflects the company's proactive stance on compliance but could influence investor sentiment as they assess potential risks and the effectiveness of the appeal process. Overall, there appears to be a neutral impact on the company's outlook at this time.