AWL Agri Business Ltd, formerly known as Adani Wilmar Ltd, has informed stock exchanges that it has received a penalty order from the Office of the Joint Commissioner, Corporate Circle, Lucknow, Uttar Pradesh. The order, issued under Section 73 of the Uttar Pradesh Goods and Services Tax (GST) Act, 2017, imposes a penalty of ₹35.02 lakh on the company.
The penalty relates to the disallowance of input tax credit (ITC) arising from reconciliation differences with GSTR-2A and issues concerning eligibility under Section 17(5) of the CGST Act. The order was dated and received by the company on December 23, 2025.
In its regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, AWL Agri Business stated that it is taking appropriate steps to challenge the order before the relevant appellate authority. The company further clarified that it does not foresee any material impact on its financial position, operations, or business activities due to the penalty.
Disclaimer: This news is based on regulatory disclosures made by the company to stock exchanges. Investors are advised to consider official filings and consult financial advisors before making investment decisions.
