Ambuja Cements Limited penalised a Designated Person, Mr. Kiran Kotian, for violating insider trading regulations by trading during a window closure. A penalty of Rs. 25,005 and profit disgorgement of Rs. 1,595 were levied and deposited into the IPEF. This highlights the company's strict adherence to SEBI compliance frameworks.
Ambuja Cements received a GST demand order of ₹19.30 Crore (including interest and penalty) from Nagpur authorities. The demand relates to alleged ineligible ITC and delayed RCM payments on mining royalty for FY 2019-20 to 2022-23. The company intends to appeal and expects no material financial or operational impact.