NSEAction(s) taken or orders passed2 Jul 2026 · 2 Jul 2026, 03:32 pm

Action(s) taken or orders passed

LG Electronics India Limited · LGEINDIA

✦ AI SummaryRegulatory

LG Electronics India Limited has received a show cause notice from the Joint Commissioner GST- Corporate Circle-2, Greater Noida, Gautam Budha Nagar, Uttar Pradesh, regarding excess availment of Input Tax credit during FY 2021-22. The GST Authority has decided the matter in favour of the Company and proposed demand amounting to Rs. 116.72 Crore including Penalty has dropped.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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LG Electronics India Limited has informed the Exchange about Action(s) taken or orders passed

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LGEINDIA_02072026152733_Intimation_under_Regulation_30_GST_Order.pdf

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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/2026-27/28 Date: July 2, 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 an Order dated July 1, 2026 issued by Joint Commissioner GST- Corporate Circle-2, Greater Noida, Gautam Budha Nagar, Uttar Pradesh. 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 July 1, 2026 at 16:37 hours (IST). 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; Joint Commissioner GST- Corporate Circle-2, Greater Noida, Gautam Budha Nagar, Uttar Pradesh 2 Nature and details of action(s) taken The Company has received an Order in respect of or order(s) passed; the Show cause notice dated May 26, 2026 issued under Section 74 of the CGST Act, 2017 and the applicable provisions of the Uttar Pradesh GST Act, 2017 for FY 2021-22. The GST Authority has decided the matter in favour of the Company and proposed demand amounting to Rs. 116.72 Crore including Penalty (Principal Tax Rs. 58.36 Crore + Penalty Rs. 58.36 Crore) has dropped. 3 Date of receipt of Direction or July 1, 2026 order, including any ad-interim or interim orders, or any other communication from the authority; 4 Details of the violation(s) / The Show cause notice had alleged excess contraventions (s) committed or availment of Input Tax credit during FY 2021-22 alleged to be committed; based on reconciliation differences between GST returns. The allegations have now been adjudicated in favour of the Company. 5 Impact on financial, operation or There is no financial, operational or other material other activities of the listed entity, impact on the Company pursuant to the said order. quantifiable in monetary terms to the extent possible; Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044 CIN: L32107DL1997PLC220109