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An update from Kirloskar Brothers Ltd. ( (IN:KIRLOSBROS) ) is now available.
Kirloskar Brothers Limited has disclosed that it recently became aware of an order dated December 31, 2025, issued by the Additional Commissioner, Office of the Principal Commissioner of CGST and Central Excise, Chennai North, under the CGST, IGST and Tamil Nadu GST Acts. The order raises a tax demand of Rs 5.29 crore, along with an equivalent penalty and applicable interest, relating to business transactions of the company’s Chennai Regional Office for financial years 2018-19 to 2023-24. The company has stated that it is seeking legal advice on the order’s implications, does not presently foresee a material impact, and will determine and pursue appropriate actions while keeping the stock exchanges informed of further developments, signalling potential regulatory and financial exposure that stakeholders will closely monitor.
More about Kirloskar Brothers Ltd.
Kirloskar Brothers Limited is an Indian engineering company primarily engaged in the manufacture and supply of fluid management solutions, including pumps and related systems, serving industrial, infrastructure, and utility customers across regional markets such as Chennai and other parts of India.
Average Trading Volume: 3,756
Technical Sentiment Signal: Hold
Current Market Cap: 127.9B INR
See more data about KIRLOSBROS stock on TipRanks’ Stock Analysis page.