ABB India Limited — Important, 09-04-2025: General Updates

ABB India Limited has received a penalty order from the State Tax Officer amounting to ₹1.38 crore related to a tax shortfall under the CGST Tax Act, 2017. The company plans to appeal this decision, expressing optimism for a favorable outcome. Based on its assessment, ABB India does not anticipate this penalty will materially impact its operations or financial standing. Investors should monitor this situation, as a successful appeal could alleviate potential financial strain and maintain positive sentiment around the stock.