Indian Hume Pipe Company Limited — Important, 27-06-2025: General Updates

Indian Hume Pipe faced a penalty of Rs. 1.57 Cr from CGST & Central Excise, which was partially reduced by Rs. 0.10 Cr on appeal, confirming a penalty of Rs. 1.47 Cr. The company plans to challenge the confirmed penalty further and expects the entire demand to be waived. No significant impact on operations or finances is anticipated from this litigation outcome.