Bayer CropScience gets Rs 22 Million GST penalty for FY 2020-21 to 2022-23

Bayer CropScience has received a penalty order of Rs 22 Million from the Office of the Pr.Commissioner of Central Tax, Ranga Reddy GST Commissionerate, Madhapur, Hyderabad, Telangana. The order pertains to the Financial Year 2020-21 to 2022-23 and addresses issues related to outward supply as well as input tax credit availed by the company during this timeframe. The company received the order on July 15, 2026.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order is currently appealable and indicated that it will make an assessment to exercise its right to appeal against the penalty.

Details of the GST Order

The following table outlines the key details of the regulatory action taken against Bayer CropScience:

Authority	Office of the Pr.Commissioner of Central Tax, Ranga Reddy GST Commissionerate, Madhapur, Hyderabad, Telangana
Nature of Action	Imposition of penalty
Penalty Amount	Rs 22 Million
Period	Financial Year 2020-21 to 2022-23
Date of Receipt	July 15, 2026
Reason	Outward supply and input tax credit availed

The company has not yet specified the exact financial impact beyond the stated penalty amount but noted that the order is appealable.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.50%	+5.13%	+2.57%	-2.58%	-31.84%	-27.30%

Bayer CropScience Limited disclosed an inter-se transfer of equity shares between its promoters, Bayer AG and Bayer CropScience AG, on July 8, 2026. The transaction was executed through a block deal mechanism on NSE Limited, complying with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The deal alters the promoter group structure, with Bayer AG increasing its holding while Bayer CropScience AG exited its shareholding in the company.

Transaction Details

Bayer AG purchased 53,54,030 equity shares from Bayer CropScience AG. The transaction was settled at a value of INR 22,070,917,869.00, excluding taxes, brokerage, and other charges. The acquisition was classified as an inter-se transfer, a route used for transactions within the promoter group. Both entities acted as promoters during the transaction, and no other instruments such as warrants or convertible securities were involved.

Shareholding Pattern

The transfer resulted in a significant shift in the shareholding percentages of the promoters. Bayer CropScience AG divested its entire stake of 11.91%, while Bayer AG consolidated its position. The total paid-up equity share capital of the company remains unaffected by this internal reallocation.

Promoter	Shares Before	% Before	Shares Acquired/Disposed	Shares After	% After
Bayer AG	37,88,433	8.43	+53,54,030	91,42,463	20.34
Bayer CropScience AG	53,54,030	11.91	-53,54,030	Nil	Nil

Regulatory Disclosures

The disclosures were submitted to BSE Limited and NSE Limited. Bharati Ratan Shetty, Company Secretary and Compliance Officer of Bayer CropScience Limited, confirmed the receipt of the disclosures in Form B from the promoters. The filings confirmed that the voting rights are held exclusively through the shares and that no shares are encumbered. The transaction dates were recorded as July 8, 2026, for the trade and July 9, 2026, for the intimation to the company by Bayer AG, while Bayer CropScience AG intimated the company on July 10, 2026.