Honeywell Automation India Limited — Others, 30-01-2025: Action(s) taken or orders passed

Honeywell Automation India Limited has received a GST demand order related to the financial year from July 2017 to December 2023, amounting to ₹8.68 lakh in GST, plus ₹11.13 lakh in interest and a penalty of ₹0.87 lakh. Despite this order, management indicates there is no material impact expected on the company's financials or operations. The company plans to lodge an appeal within the stipulated timeframe. Investors may view this situation with a neutral outlook, considering the company's proactive approach to address the matter while maintaining stable operational performance.