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

Nestlé India Limited has received an order from the Superintendent of Central GST Division in Jaipur, confirming a demand for tax, interest, and penalty totaling approximately INR 33.6 lakh (16.87 lakh for tax and 17.12 lakh for penalty). Despite this order, the company notes there will be no material impact on its financials or operations and plans to explore options to challenge the decision. Investor sentiment may remain stable given the absence of significant financial repercussions and the company's proactive approach to address the order.