KANSAINER2026-11-05KANSAINER2026-11-05ActionsTakenOrOrdersPassedDomain1KANSAINER2026-11-05ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1KANSAINER2026-11-05SignatoriesDomain1iso4217:INRxbrli:pureKANSAINERKansai Nerolac Paints Limited500165NOTLISTEDINE531A01024NewAction(s) taken or orders passed (sub-para 20)false2026-11-0511:57:002026-11-05Imposition of fine or penaltyStatutory AuthorityAssistant Commissioner, Central GST & CEX, Division II, Raipur1Listed Entity (Self)Kansai Nerolac Paints Limitedby emailOrder is passed under Section 74 of CGST Act, 2017 imposing penalty of Rs. 66,70,686/-2026-11-05Order is passed under Section 74 of CGST Act, 2017 imposing penalty of Rs. 66,70,686/-FY 2020-21 to 2023-24There is no material impact on financials, operations or other activities of the Company.The demand has arisen for the state of Chhattisgarh mainly on account of partial disallowance of Input Tax Credit claimed by the Company during FY 2020-21 to 2023-24. The Order has been passed based on wrong understanding of the facts. The Company has relevant records to prove its claims. The Company is in the process of filing an appeal.6670686Order is passed under Section 74 of CGST Act, 2017 imposing penalty of Rs. 66,70,686/-Not ApplicableThe Company shall file an appeal against the said order before the Appellate Authority.G. T. GovindarajanCompany Secretary and Compliance Officer2026-11-05Mumbai