Orkla India Limited has received an adverse order from tax authorities, confirming a significant GST demand that could impact the company's financials. The development was disclosed under regulatory compliance requirements on January 22, 2026.

Appeal Dismissal and Order Details

The Office of Additional Commissioner (Appeals Thane), CGST & Central Excise, Mumbai, delivered the order on January 21, 2026, at 4:04 P.M. (IST). This order effectively dismissed the company's appeal against the original demand raised by the Assistant Commissioner, Division – IV, CGST & Central Excise, Bhiwandi Commissionerate on July 09, 2025.

The order covers three separate cases with order numbers ZD2701260958507, ZD270126095808W, and ZD2701260959026, spanning the financial years 2020-21, 2021-22, and 2022-23 respectively.

Financial Impact and Demand Breakdown

The confirmed GST demand presents a substantial financial obligation for the company:

Nature of Non-Compliance

The GST demand stems from the company's non-reversal of input tax credit on damaged stock returns. This issue relates to the company's handling of input tax credit claims during the three-year period from FY 2020-21 to FY 2022-23. The tax authorities identified this as a compliance aberration that warranted both the original tax liability and an equivalent penalty amount.

Company's Response and Next Steps

Orkla India Limited has stated that it will evaluate legal options against the order. The company disclosed this information in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Secretary and Compliance Officer Kaushik Seshadri signed the disclosure, confirming that the information provided is true, correct, and complete to the best of the company's knowledge and belief.

Regulatory Compliance Context

The order was issued under Section 107 of the Central Goods and Services Tax Act, 2017, as part of the appeals process. The company had initially challenged the demand through the formal appeals mechanism, but the appellate authority upheld the original assessment, resulting in the dismissal of the company's appeal.

Orkla India Limited has notified stock exchanges regarding an update to its Corporate Identification Number (CIN) by the Ministry of Corporate Affairs. The company's CIN has been modified from U15136KA1996PLC021007 to L15136KA1996PLC021007, effective as communicated to the exchanges on January 16, 2026.

Regulatory Communication Details

The intimation was formally submitted to both major Indian stock exchanges where the company's equity shares are listed. Company Secretary and Compliance Officer Kaushik Seshadri signed the official communication on behalf of Orkla India Limited.

Stock Exchange Listings

Orkla India Limited maintains its equity share listings on two recognized stock exchanges in India. The company operates under specific scrip identifiers on both platforms for trading purposes.

Company Information

Orkla India Limited, formerly known as Orkla India Private Limited, operates from its registered office located in Bengaluru. The company maintains its corporate presence at No. 1, 2nd & 3rd Floor, 100 Feet Inner Ring Road, Ejipura, Ashwini Layout, Viveknagar, Bengaluru - 560 047, India.

This CIN change represents a standard administrative update processed by the Ministry of Corporate Affairs as part of regular corporate compliance procedures. The modification does not impact the company's operational activities or stock exchange listings, serving purely as an updated identification reference for regulatory purposes.