* Torrent Pharmaceuticals received an order dated 26th November, 2025, from the Joint Commissioner, Common Adjudicating Authority, Central GST, Ahmedabad South Commissionerate. * The order was received on 27th November, 2025. * The order was passed under Section 74 of the Central Goods and Service Tax Act, 2017, imposing a penalty of ₹ 41,33,84,165. * The order alleges erroneous refund by the Department on the export of goods. * The company will file an appeal and does not expect the order to have any material financial impact.
