Grasim Industries Limited — Others, 28-07-2025: Action(s) taken or orders passed

Grasim Industries has received an order from the District Magistrate, Sonebhadra, Uttar Pradesh, regarding an alleged shortfall in stamp duty payment from a 2011 acquisition. The order demands a differential stamp duty of ₹8.26 crore with 18% annual interest, along with a penalty of ₹0.40 crore. This pertains to the acquisition of the Chlor-alkali chemical plant of Kanoria Chemicals & Industries Limited by Aditya Birla Chemicals India Ltd., which later merged into Grasim. The company is currently evaluating the order and plans to challenge it with the appropriate authorities.