Whirlpool of India has received a tax demand and penalty order from the Office of Additional Commissioner of State Tax, Bihar. The order, dated July 02, 2026, was received on the same day and pertains to the financial year 2019-20. The total demand amounts to ₹15.52 lakh, comprising tax, interest, and penalty under the IGST, CGST, and SGST Act, 2017.

The breakdown of the demand includes a tax of ₹6,96,018, interest of ₹7,74,696, and a penalty of ₹80,812. The order was issued under section 73 of the relevant GST acts. The company disclosed this information in a filing submitted to the stock exchanges on July 03, 2026.

Details of the Order

The following table outlines the specifics of the tax demand received by Whirlpool of India:

Company Response

Whirlpool of India stated that there is no material impact of this order on its financial, operational, or other activities. The company is currently evaluating the matter and intends to take appropriate action in response to the demand. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Whirlpool of India Ltd has restructured its senior management team, accepting the resignation of Bharat Gulati as Head-Commercial Finance effective July 14, 2026. The changes were approved by the Board of Directors on the recommendations of the Nomination and Remuneration Committee under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Jijesh Gopalan, currently Regional Director, Sales, will transition to the new role of Vice President-Service effective July 15, 2026. He will report to the Managing Director of Whirlpool of India Limited. Mr. Gopalan brings over 21 years of experience in sales and commercial management, having joined the company in 2016 after a stint at PepsiCo.

Mr. Anish Ahuja, the current Vice President - Service, will move into a new strategic role within the company, which will be announced at a later date. The company stated that the successor for Mr. Gulati will also be announced in due course.

The resignation of Mr. Gulati was tendered to pursue other opportunities outside the company. The filing was submitted by Sweta Srivastava, Company Secretary & Compliance Officer of Whirlpool of India Limited.

Senior Management Changes