HDFC Life received an appeal order confirming a tax demand and penalty totaling ₹3,365.15 Crore. The company will contest the order at the GST Tribunal.
HDFC Life received an appeal order from the GST Commissionerate confirming a previous tax demand of Rs 2,422.97 crore. The company will contest this before the tribunal.
Sun Pharma's subsidiaries signed a settlement agreement resolving antitrust litigation in the U.S. for a confidential amount, without any admission of wrongdoing.
Innovision Ltd faces a ₹1.64 Crore financial impact due to NHAI's forfeiture of performance security and a penalty following forensic audit findings of fee collection irregularities.
The Competition Commission of India imposed a ₹0.15 Crore penalty on Lloyds Metals and Energy Ltd. This regulatory fine has no material impact on operations.
Max Healthcare disclosed an update on ongoing NCLT proceedings initiated by BRS Capital against its subsidiary. The next hearing is scheduled for September 28, 2026.
IRDAI imposed a ₹1 crore penalty on IndusInd Bank for grievance-redressal non-compliance in bancassurance operations. The order followed a 2023 inspection and 2025 show-cause notice.
Tokyo District Court dismissed all NTK claims against Daiichi Sankyo; NTK must bear litigation costs. NTK is reviewing the judgment and evaluating appeal options.
DNH Planning Authority imposed a Rs.0.18 Crore penalty on Huhtamaki India for delayed Occupancy Certificate at its Silvassa plant. No further operational impact stated.
Adani Ports & Special Economic Zone Legal & Regulatory
Adani Ports reported a SEBI settlement order concerning its former CFO and MD. Each individual paid Rs. 13.65 Lakh, with nil financial impact to the company.
Canara HSBC Life Insurance Company Legal & Regulatory
Canara HSBC Life Insurance received a Rs. 1 Crore penalty order from the IRDAI regarding policyholder interest and compliance. The company will implement corrective measures.
Sterling and Wilson Renewable Energy Legal & Regulatory
Sterling and Wilson's subsidiary, SWSS, has initiated a new arbitration against OEG Inc. regarding undetermined counterclaims. A three-member arbitration panel has been constituted.
Elitecon International received a BSE communication regarding alleged LODR non-compliance fines totaling ₹2.38 lakh. The company has applied for a waiver and is awaiting the decision.
Medplus Health Services reported a 5-day suspension of a drug license at a Mangalore store due to compliance issues. The expected financial impact is ₹0.03 Crore.
Godrej Properties confirmed a settlement with Orris Infrastructure regarding the Godrej Air Project, Gurugram. The settlement has an estimated financial impact of approximately ₹70 Crore.
The Supreme Court remanded the Cairn India buyback matter to SAT for fresh adjudication. Proceedings are ongoing, and no final liability has been determined.
Bharti Airtel received penalty notices totaling ₹0.09 Crore from the Department of Telecommunications for alleged violations of subscriber verification norms in Andhra Pradesh and Madhya Pradesh.
MedPlus Health Services has filed board comments regarding a fine levied by the exchanges for non-compliance with Regulation 17(1A) of SEBI LODR Regulations, 2015.
ICICI Prudential Life Insurance Company Legal & Regulatory
ICICIPRULI's GST appeal was dismissed, upholding a ₹3.75 Crore tax demand and penalty for July 2017–Sept 2019. The company plans to file a further appeal.
