Hindustan Unilever Limited — Others, 29-01-2025: Action(s) taken or orders passed

Hindustan Unilever has disclosed the receipt of a Demand Order imposing a penalty of ₹6.11 crore related to disallowed GST credit under the GGST and CGST Acts. While the penalty matches the disputed GST credit amount, the company states that this order does not materially impact its financials or operations. The company is currently assessing its right to appeal the order. Investors may view this as a neutral impact, given the company’s resilience and potential to mitigate risks through an appeal process.