LG Electronics India Ltd

LG Electronics India Ltd has received an Order-in-Original from the Principal Commissioner of Customs (Import), Mumbai, dated October 30, 2026. The order pertains to the classification of Commercial Signage Display, with the customs authority reclassifying the goods under CTH 85285900 instead of the company's adopted classification. This reclassification attracts a higher Basic Customs Duty (BCD) and Integrated Goods and Services Tax (IGST). Consequently, the company has been ordered to pay a differential customs duty demand of ₹3,61,30,064, a redemption fine of ₹40,00,000, and a penalty of ₹5,00,000. LG Electronics India is currently evaluating the implications of this order and considering its course of action.

LG Electronics India Ltd has announced that a meeting of its Board of Directors is scheduled for November 5, 2026. The primary agenda item is to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2026. Additionally, the company has closed its trading window for designated persons from October 1, 2026, until 48 hours after the declaration of these financial results, in accordance with SEBI regulations.

LG Electronics India has launched its largest TV model in India, the 292 cm (115") QNED evo AI Mini LED TV. This new model, powered by the Alpha 8 AI Processor Gen3, aims to bring a cinema, stadium, and gaming arena experience into Indian homes. Key features include certified 100 percent colour volume, Precision Dimming Ultra for enhanced contrast, and Motion Booster up to 330Hz for smooth visuals. The TV also incorporates AI Sound Pro for immersive audio and webOS 26 with AI-based personalization and sports updates, enhancing the overall entertainment experience for consumers.

LG Electronics India Ltd. (LGE India) has achieved the Great Place To Work® Certification for the third consecutive year. This recognition is based on employee feedback from the Trust Index™ survey and an assessment of workplace culture, highlighting LGE India's consistent focus on employee trust, engagement, and well-being. The company views this certification as a validation of its progressive HR practices and a key factor in attracting talent and enhancing shareholder confidence. LGE India has also recently received other accolades, including the "National Best Employer Brand" and "Top Organisation with Innovative HR Practices," with its Chief Human Resources Officer recognized for his leadership.

LG Electronics India has launched its Diwali campaign, "Celebration of Trust," offering exclusive deals on home appliances and consumer electronics until November 15, 2026. Customers can avail benefits such as up to 26% cashback on select debit and credit cards (up to ₹30,000), EMIs starting from ₹888, and zero down payment options on select models. Additional offers include 3-year warranty on select TVs, free mini refrigerators with side-by-side models, and free maintenance for water purifiers. The company also highlighted its recent recognitions as India's Most Trusted Brand in multiple categories and winning India's Top Appliance Awards 2026.

LG Electronics India Ltd has received a Show Cause Notice (SCN) from the Office of Commissioner of Customs (NS-V) alleging non-inclusion of royalty payments in the assessable value of certain imported goods. The SCN proposes recovery of Customs duty amounting to Rs. 153,57,67,711/-. The company is currently reviewing the matter and plans to submit a response within the prescribed timeline, asserting that it has fully complied with customs regulations. The financial implications will be determined upon adjudication of the notice.

LG Electronics India has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will remain shut from October 1, 2026, until 48 hours after the declaration of the Unaudited Financial Results for the second quarter and half year ended September 30, 2026. The date for the board meeting to approve these results will be communicated separately.

LG Electronics India Ltd has launched a new range of Semi-Automatic Washing Machines, featuring 15 models with capacities from 8 kg to 12 kg. The new lineup emphasizes powerful performance, smart convenience, and bold design, incorporating features like Dual Spin Shower, Roller Jet Pulsator+, and Wind Jet Dry+. These machines are manufactured at LG's Greater Noida facility, utilizing Industry 5.0-centric smart factory operations. Exports of these washing machines are scheduled to commence in 2027, targeting over 10 countries globally. The launch aims to address common laundry challenges and enhance the user experience in the semi-automatic washing machine segment.

LG Electronics India has been recognized with two prestigious awards at the 25th Asia Pacific HRM Congress Awards 2026. The company was named "Top Organisation with Innovative HR Practices" for its contributions in leadership development, organizational capability, workplace culture, employee experience, and talent development. Additionally, Mr. Jwa Nam Kim, Chief Human Resources Officer (CHO) of LG Electronics India, received the "Most Impactful HR Leader Award" for his leadership in HR transformation and driving business growth through people. These accolades highlight LG India's commitment to a people-first, future-ready organization and align with its "Make in India" strategic vision.

LG Electronics India Ltd has announced its entry into the Indian chest freezer market with the launch of a new Convertible Chest Freezer range. This expansion of their refrigeration portfolio caters to evolving business needs across retail, HoReCa, dairy, ice cream, pharmaceutical, and food storage sectors, as well as home consumption. The new range features convertible cooling and freezing capabilities with a wide temperature range of -31°C to +10°C, Ultra Freeze for rapid cooling, and energy-efficient performance with select models achieving a 5-star BEE rating. The portfolio includes six models across 102L, 205L, 315L, and 530L capacities, designed for durability and efficient operation in demanding commercial environments.