Piramal Enterprises Limited — Others, 29-05-2025: Action(s) initiated or orders passed

Piramal Enterprises has announced a favorable order from the GST Appellate Authority, which reduced a previous tax demand and penalty from Rs.1502 crore to Rs.9.22 crore. This outcome confirms the company’s compliance with GST requirements and supports its position of good-faith actions. The sharply lowered liability eases financial burden, improving the company’s risk profile and providing greater assurance to shareholders regarding regulatory matters.