UNO Minda Receives ₹1.16 Crore Penalty Order from Haryana Tax Dept.
UNO Minda Limited has received a penalty order from the Excise & Taxation Department, Haryana, concerning short tax paid on outward supply for the Financial Year 2018-19. The order, received on Decemb...
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Why is UNO Minda Limited in the news today?
UNO Minda Limited (UNOMINDA) is in the news due to the company received a penalty order, which is typically negative. however, the company intends to contest it and does not foresee any material financial or operational impact, mitigating the negative sentiment.
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UNO Minda Receives ₹1.16 Crore Penalty Order from Haryana Tax Dept.
January 1, 2026, 09:26 AM
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UNO Minda Limited has received a penalty order from the Excise & Taxation Department, Haryana, concerning short tax paid on outward supply for the Financial Year 2018-19. The order, received on December 31, 2025, demands a tax payment of ₹37,26,234, interest of ₹41,67,663, and a penalty of ₹37,26,234, totaling ₹1,16,20,131.
The company intends to contest the order based on the merits of the case and does not foresee any material impact on its financial or operational activities.
This disclosure is made under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
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