Bharti Airtel Limited — Others, 05-02-2025: Action(s) taken or orders passed

Bharti Airtel Limited has received an order from the Assistant Commissioner regarding a penalty of ₹46.68 crore under the Central Goods and Services Tax Act for alleged irregularities in input tax credit between FY 2017-18 and FY 2019-20. The company disputes this order and plans to take appropriate actions. Importantly, the company states this penalty will not materially impact its financial or operational activities. Investors may view this as a neutral impact, with the potential for positive market sentiment if the dispute is resolved favorably.