Bayer CropScience receives Rs. 0.16 million penalty order for E-way bill documentation from UP authority

Bayer CropScience Limited has disclosed receiving a penalty order from tax authorities in Uttar Pradesh for E-way bill documentation issues. The company made the disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Penalty Details

The Office of Assistant Commissioner, Muzaffarnagar, Uttar Pradesh has imposed a penalty on the company for E-way bill documentation pertaining to Financial Year 2025-26. The company received the penalty order on April 03, 2026.

Parameter:	Details
Penalty Amount:	Rs. 0.16 Million
Financial Year:	2025-26
Authority:	Office of Assistant Commissioner, Muzaffarnagar, UP
Date of Receipt:	April 03, 2026
Nature of Violation:	E-way bill documentation

Company's Response

Bayer CropScience Limited has indicated that the order is currently appealable. The company stated it will make an assessment to exercise its right to appeal against the penalty imposed by the Uttar Pradesh tax authority.

Regulatory Compliance

The disclosure was made in compliance with SEBI Listing Regulations read with Circular no. SEBI/HO/CFD/CFD-PoD-1/P-CIR//2023/123 dated July 13, 2023. The company secretary and compliance officer, Bharati Shetty, signed the disclosure document on behalf of the company.

The penalty relates to E-way bill documentation requirements under the Goods and Services Tax (GST) framework, which mandates proper documentation for the movement of goods across state boundaries.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.05%	+1.38%	+4.52%	-3.73%	-0.23%	-9.27%

Bayer CropScience Limited has received a penalty order of Rs. 29.83 Million from tax authorities in Odisha, according to a regulatory disclosure made on March 30, 2026. The penalty was imposed by the Office of the Assistant Commissioner of State Tax, Cuttack, Odisha, for violations related to E-way bill documentation.

Penalty Details and Violations

The penalty order specifically addresses E-way bill documentation issues pertaining to Financial Year 2019-20. The company disclosed this information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter:	Details
Penalty Amount:	Rs. 29.83 Million
Issuing Authority:	Office of the Assistant Commissioner of State Tax, Cuttack, Odisha
Violation Type:	E-way bill documentation
Related Period:	Financial Year 2019-20
Order Receipt Date:	March 30, 2026

Company's Response and Next Steps

Bayer CropScience Limited has indicated that the penalty order is currently appealable. The company stated in its disclosure that it will make an assessment to exercise its right to appeal against the imposed penalty.

The disclosure was signed by Bharati Shetty, Company Secretary & Compliance Officer, and submitted to BSE Limited as part of the company's regulatory compliance obligations. The company maintains its registered and corporate office at Bayer House, Central Avenue, Hiranandani Estate, Thane (West), Maharashtra.

Regulatory Compliance

This disclosure follows the requirements under SEBI Listing Regulations read with Circular no. SEBI/HO/CFD/CFD-PoD-1/P-CIR//2023/123 dated July 13, 2023. The company has provided detailed information about the nature of the penalty, the authority involved, and the potential impact on its operations as required by regulatory guidelines.