Bharti Airtel Limited — Others, 31-01-2025: Action(s) taken or orders passed

Bharti Airtel Limited has announced a board meeting to address an order received under the Central Goods and Services Tax Act, which imposes a penalty of ₹8.31 crore for alleged irregularities in input tax credit claims from FY 2017-18 to FY 2019-20. The company disagrees with the order and plans to take appropriate actions. Despite the penalty, the company states there is no material impact on its financial or operational activities. This situation may create a cautious sentiment among investors; however, the absence of a significant operational impact could mitigate fears surrounding the penalty.