Amara Raja Energy & Mobility Limited — Others, 17-06-2025: Action(s) initiated or orders passed

Amara Raja Energy & Mobility Limited has announced a board meeting on the financial results for the quarter and half-year. The company received an appellate order upholding a previous tax authority’s decision on GST-related issues, including excess input tax credit claimed, short payment of tax interest, warranty goods GST reversals, and non-levy of GST on disposal of business assets. Penalties and interest amount to significant sums but are not expected to materially impact the company’s financial or operational performance. The order is under appeal, and management will evaluate further steps.