UltraTech Cement Limited — Others, 20-08-2025: Action(s) taken or orders passed

UltraTech Cement has received an order from the Commissioner (Appeals), Nagpur, upholding a Goods and Services Tax (GST) demand. This demand totals Rs 5.49 crore for GST on a corporate guarantee issued by the company, along with an additional Rs 0.55 crore as penalty and interest. The company is currently reviewing this order to determine its future course of action. Importantly for shareholders, UltraTech Cement has stated that this development is not anticipated to have a material financial impact on the company's overall operations.