UltraTech Cement Limited — Others, 08-01-2025: Action(s) taken or orders passed

UltraTech Cement Limited has received an order from the Commissioner Appeals, CGST & Central Excise, Bhopal, dropping a tax demand of ₹0.96 crore along with interest but upholding a penalty of ₹0.96 crore related to alleged short payment of GST. The Company is currently reviewing the order and is considering its next steps. This situation does not pose a material financial impact on the Company. Investors may view this as a neutral event, with limited immediate repercussions, but should remain aware of potential ongoing compliance challenges.