ABFRL Faces ₹13.77 Crore Tax Demand; Company to Appeal, Claims No Impact

• Aditya Birla Fashion and Retail Ltd (ABFRL) received a tax demand order of ₹13.77 crore from Mumbai's Deputy Commissioner of State Tax.
• The demand, issued on December 16, 2025, includes ₹7.15 crore tax, ₹5.89 crore interest, and ₹71.18 lakh penalty.
• The dispute stems from alleged mismatches in Input Tax Credit claims related to GSTR-1, GSTR-9, and GSTR-2A.
• ABFRL asserts the demand is invalid, plans to appeal, and states it will have no impact on its financials or operations.
• The company's share closed down 1.09% on Thursday and has declined 31.91% over the past year.

Why It Matters: ABFRL challenges ₹13.77 crore tax demand, asserting no operational or financial impact.