AWL Agri Business Limited — Others, 04-02-2025: Action(s) taken or orders passed

Adani Wilmar Ltd. has received a penalty order from the Office of the Assistant Commissioner of CGST & Central Excise, amounting to ₹1.89 crore due to alleged violations related to non-reversal of Input Tax Credit (ITC) and incorrect product classification. The company is appealing the decision and does not expect any material impact on its financial or operational activities. This update may influence investor sentiment neutral; while penalties can pose risks, Adani Wilmar's swift action to contest the order suggests resilience in its operations.