LG Electronics India schedules investor meets from June 2-12

1 min read     Updated on 28 May 2026, 09:55 AM
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LG Electronics India Limited has scheduled analyst and institutional investor meetings from June 2 to June 12, 2026, in Mumbai and the USA. The meetings, organized by BofA Securities, Morgan Stanley, and Citi, will be held under Regulation 30 of SEBI regulations to discuss publicly available information without sharing Unpublished Price Sensitive Information (UPSI). The schedule includes Group & One-on-One meetings, with dates and times subject to change.

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LG Electronics India Limited has scheduled a series of analyst and institutional investor meetings from June 2 to June 12, 2026, in Mumbai and the USA. The meetings are organized pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to discuss publicly available information without sharing any Unpublished Price Sensitive Information (UPSI).

The sessions will be conducted as Group & One-on-One meetings, organized by BofA Securities, Morgan Stanley, and Citi. The company noted that the dates and times are subject to changes due to exigencies on the part of investors or the company.

The detailed schedule for the meetings is provided below:

Sr. No. Date Organized By Type of Meeting Location Time
1 02.06.2026 BofA Securities 2026 India Conference Group & One-on-One Mumbai 10:00 AM (IST) onwards
2 03.06.2026 Morgan Stanley's India Investment Forum 2026 Group & One-on-One Mumbai 10:00 AM (IST) onwards
3 04.06.2026 Citi's 2026 India Conference Group & One-on-One Mumbai 10:00 AM (IST) onwards
4 09.06.2026 to 12.06.2026 Morgan Stanley Group & One-on-One USA 10:00 AM (EDT) onwards

The announcement was signed by Anuj Goyal, Company Secretary and Compliance Officer.

Historical Stock Returns for LG Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%+0.09%+1.40%-3.81%-10.57%-10.57%

What strategic priorities is LG Electronics India likely to emphasize during these meetings to attract institutional investors?

How might the outcomes of these investor meetings influence LG Electronics India's stock performance in the short term?

What market trends or competitive challenges in the Indian consumer electronics sector could be a focal point of discussion?

LG Electronics India faces Rs 116.72 crore GST demand for FY 2021-22

1 min read     Updated on 28 May 2026, 09:29 AM
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LG Electronics India Limited received a Show Cause Notice dated May 26, 2026, from the Joint Commissioner of GST, Corporate Circle-2, Greater Noida, demanding Rs 116.72 crore including penalty for FY 2021-22. The demand arises from alleged excess Input Tax Credit claims identified through discrepancies between GSTR-9 and GSTR-3B returns. The company denies any excess claim, stating the ITC is compliant, and will file a reply within a month.

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LG Electronics India Limited has received a Show Cause Notice from the Joint Commissioner of GST, Corporate Circle-2, Greater Noida, demanding a total of Rs 116.72 crore including penalty for the financial year 2021-22. The notice, dated May 26, 2026, alleges that the company claimed excess Input Tax Credit (ITC) based on a comparison of data auto-reflected in the GSTN portal and the claims made in monthly returns. The company maintains that the ITC claimed is within the ambit of GST provisions and views the matter as a reconciliation issue.

The demand comprises a principal tax amount of Rs 58.36 crore and an equivalent penalty of Rs 58.36 crore. The tax authority issued the notice under Section 74 of the Central Goods and Services Tax Act, 2017, and the Uttar Pradesh Goods and Services Tax Act, 2017, read with Section 20 of the Integrated Goods and Services Tax Act, 2017. The discrepancy arose from differences between Table 8A of the GSTR-9 Annual Return and the figures reported in the GSTR-3B Monthly Return.

LG Electronics India stated that there is no impact on its financials or operations as a result of this notice. The company asserts that the Input Tax Credit claimed is valid and compliant with GST regulations. Consequently, it does not anticipate any material financial liability arising from the current demand.

In response to the communication, the company plans to file a formal reply to the Show Cause Notice within one month. The response will include evidence demonstrating that the company has not claimed any excess Input Tax Credit. The company is confident in its position regarding the correctness of its tax filings.

The following table outlines the key details of the Show Cause Notice:

Particulars Details
Name of the listed company LG Electronics India Limited
Type of communication received Show Cause Notice (SCN)
Date of receipt of communication May 26, 2026
Authority issuing communication Joint Commissioner of GST- Corporate Circle-2, Greater Noida, Gautam Budha Nagar, Uttar Pradesh
Period applicable FY 2021-22
Principal Tax demanded Rs 58.36 Crore
Penalty demanded Rs 58.36 Crore
Total demand Rs 116.72 Crore
Action taken Company will file reply within one month with evidence supporting its ITC claims

Historical Stock Returns for LG Electronics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.64%+0.09%+1.40%-3.81%-10.57%-10.57%

How will the resolution of this reconciliation issue influence future GST compliance protocols for large corporations?

Could this dispute trigger similar scrutiny or Show Cause Notices for other companies facing discrepancies between GSTR-9 and GSTR-3B data?

What are the potential legal costs and resource allocation required to defend against the demand over the coming months?

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1 Year Returns:-10.57%