Tax & Penalty22 May 2026, 09:29 am
Jubilant FoodWorks Faces ₹22.65 Lakh Penalty from Haryana Board
AI Summary
Jubilant FoodWorks Ltd received an order from the Haryana State Pollution Control Board on May 21, 2026, directing the company to deposit ₹22.65 lakh as environmental compensation. The penalty was levied for operating a store in Ballabgarh, Faridabad, without prior consent to operate under the Water and Air Pollution Control Acts. Jubilant FoodWorks has paid the compensation under protest and is contesting the order, stating that it does not foresee any material impact on its financial or operational activities.
Key Highlights
- Haryana State Pollution Control Board imposed ₹22.65 lakh penalty on Jubilant FoodWorks.
- The penalty is for operating a store without prior environmental clearances.
- Jubilant FoodWorks is contesting the order and paid the compensation under protest.
- The company states no material financial or operational impact is expected.
Price Impact
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