Kirloskar Brothers Withdraws Writ Petition Following Withdrawal of APGST Notices
Kirloskar Brothers Limited's Directors have withdrawn their Writ Petition after the APGST Authority withdrew its notices. The company had previously challenged alleged tax arrears of ₹15.48 crore related to a joint venture. The High Court's interim stay order is now superseded by the withdrawal of the petition.
The withdrawal of the writ petition and the APGST notices indicates the resolution of a legal dispute without any financial penalty or gain, thus having a low impact on the company.
The withdrawal of the Writ Petition and the APGST notices resolves a legal matter without any financial implications mentioned, resulting in a neutral sentiment.
Kirloskar Brothers Limited (KBL) has announced the withdrawal of a Writ Petition filed by its Directors against notices issued under the APGST Act, 2017. This action follows the withdrawal of the aforementioned notices by the Deputy Assistant Commissioner of State Tax, Dwarakanagar Circle, Visakhapatnam-I Division, via an endorsement letter dated November 20, 2025.
Previously, on February 17, 2025, KBL had informed the stock exchanges about receiving notices dated January 21, 2025, under the APGST Act, 2017, allegedly claiming tax arrears of ₹15,48,06,528 for the year 2023-24. These notices were associated with a transaction by an unincorporated Joint Venture, IVRCL-KBL-MEIL (JV) Hyderabad. Subsequently, on August 5, 2025, the company received a Demand Notice for allegedly claiming tax arrears of ₹15,48,02,928 for the year 2017-18.
In response, KBL filed a Writ Petition on August 12, 2025, challenging the Demand Notice. The Hon’ble High Court for the State of Andhra Pradesh at Amaravati granted an interim stay on recovery proceedings on August 20, 2025. On November 19, 2025, it was informed that the Directors had filed further Writ Petitions challenging the Demand Notices. Following the withdrawal of notices by the APGST Authority on November 20, 2025, the Directors withdrew their Writ Petition (WP/47631/2025) on November 26, 2025. An order from the Hon’ble High Court confirming this withdrawal was received by the company on December 15, 2025.
What to do with a filing like this
Kirloskar Brothers Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Kirloskar Brothers Limited. Read the original for the full detail.