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LG Electronics India Limited
(16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B.
Noida - 201301 Dist. Gautam Buddha Nagar, UP (India)
T: 91-120-651-6700 Website: www.lg.com/in
Email id: cgc.india@lge.com
LGEIL/CGC/2026-27/26
Date: June 20, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: LGEINDIA Scrip Code: 544576
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI LODR”), we hereby inform you that the Company has received a penalty
order dated June 19, 2026, issued by the Income Tax Department, Ministry of Finance, Government
of India.
The details required under Regulation 30 of the SEBI LODR read with SEBI Master Circular
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as
Annexure-A.
The date and time of occurrence of information is June 19, 2026 at 15:30 hours (IST), being the date
and time when the Company received the aforesaid order.
Kindly take the above information on record.
Thanking You,
Yours truly,
For LG Electronics India Limited
(Anuj Goyal)
Company Secretary and Compliance Officer
Encl: As above
Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044
CIN: L32107DL1997PLC220109
LG Electronics India Limited
(16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B.
Noida - 201301 Dist. Gautam Buddha Nagar, UP (India)
T: 91-120-651-6700 Website: www.lg.com/in
Email id: cgc.india@lge.com
Annexure – A
Sr. No. Particulars Details
1 Name of the Authority; Assessment Unit
Income Tax Department
2 Nature and details of action(s) taken Income Tax Department has issued penalty order for
or order(s) passed; financial year 2013-14 levying penalty under section
271(1)(c) of the Income Tax Act, 1961.
3 Date of receipt of Direction or June 19, 2026
order, including any ad-interim or
interim orders, or any other
communication from the authority;
4 Details of the violation(s) / Earlier, on October 15, 2025, Income Tax Appellate
contraventions (s) committed or Tribunal (ITAT) issued order for Financial Year
alleged to be committed; 2013-14 confirming Tax Adjustments made by
Income Tax Department in respect of taxability of
incentive received from Uttar Pradesh Government
(INR 24,22,87,278). Company has filed appeal in
Delhi High Court against the ITAT order.
Subsequent to above Tax Adjustments, on June 19,
2026, the Department levied penalty of
INR 8,23,53,445 under section 271(1)(c) of the
Income Tax Act, 1961.
5 Impact on financial, operation or No substantial impact on financial operations or
other activities of the listed entity, activities.
quantifiable in monetary terms to
the extent possible; The company believes it has very strong case as
similar penalty proceedings have already been
decided in favour of the Company by ITAT FY
2002-03, 2003-04 and 2006-07. The Company
intends to file an appeal before the appropriate
authority against aforesaid penalty order.
Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044
CIN: L32107DL1997PLC220109