Hindware Home Innovation Subsidiary Receives ₹1.26 Cr VAT Demand Order

Hindware Limited, a subsidiary of Hindware Home Innovation Limited, has received a Demand Order from the Deputy Commissioner (Arrear Recovery), State GST Department, Ernakulam, Kerala. The order, dated September 26, 2026, and received on October 5, 2026, pertains to the Kerala Value Added Tax Act, 2003. It demands payment of ₹1,26,50,769/- in VAT for the Financial Year 2012-13, along with applicable interest and recovery/collection charges. The demand was generated due to the non-submission of required forms. The company is currently evaluating the matter with its legal counsel to ascertain the financial impact and available legal remedies.