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Amara Raja Energy & Mobility Ltd ( ($IN:ARE&M) ) just unveiled an update.
Amara Raja Energy & Mobility Limited has disclosed that it received a GST-related order from the Deputy Commercial Tax Officer in Erode, Tamil Nadu, under Section 129(3) of the CGST/TNGST Act, 2017, citing violation of Rule 138 due to a mismatch between the “bill-to” address on a tax invoice and the customer’s registered GST place of business. The order, uploaded to a temporary GST ID and noticed on December 30, 2025, resulted in goods being withheld and a penalty of Rs 28.44 lakh, which the company states will be recovered from the contractor, adding that there is no material impact on its financials or operations and that it plans to appeal since there was no GST non-payment on its part.
More about Amara Raja Energy & Mobility Ltd
Amara Raja Energy & Mobility Limited, formerly Amara Raja Batteries Limited, operates in the energy and mobility sector, best known for manufacturing automotive and industrial batteries and related energy storage solutions, serving OEMs, replacement markets, and industrial customers in India and abroad.
Average Trading Volume: 27,578
Current Market Cap: 165.7B INR
For detailed information about ARE&M stock, go to TipRanks’ Stock Analysis page.