MARUTI NSE filing

Maruti Suzuki receives Penalty Order from Income Tax Authority for FY 2009-10

The RealCase readLow impact Neutral

Maruti Suzuki India Limited received a Penalty Order from the Income Tax Authority for FY 2009-10, levying a penalty of ₹6.705 crore. The company plans to appeal the order, stating no major financial or operational impact.

Why it matters

The company has explicitly stated that there is no major impact on its financial, operational, or other activities due to this Penalty Order, rendering the impact low.

The market read

The company has received a penalty order from the Income Tax Authority, which is a negative event. However, the company plans to appeal and states there is no major impact, balancing the sentiment to neutral.

Maruti Suzuki India Limited has received a Penalty Order from the Income Tax Authority. The order, dated 29th June 2026, pertains to the financial year 2009-10 and levies a penalty of ₹67.05 million (₹6.705 crore) under section 271(1)(c) of the Income Tax Act, 1961. This penalty is related to certain additions and disallowances made during tax proceedings.

The company has stated that it will file an appeal against this Penalty Order. Maruti Suzuki has also indicated that there is no major impact on its financial, operational, or other activities due to this Penalty Order, and the impact is not quantifiable in monetary terms.

This intimation is provided under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Filing to action

What to do with a filing like this

Maruti Suzuki India Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. 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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Primary source

A plain-language summary of a public exchange filing by Maruti Suzuki India Limited. Read the original for the full detail.

View original filing