LG Electronics India MD, chairman, board of directors and AGM
NSE: LGEINDIABSE: 544576Consumer DurablesMid Cap
Last close ₹1,610.70down ₹40.50 (2.45%)BSE ₹1,615.45
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,651.20.
52-week range of traded prices to 23 Oct 2026
₹1,304.10Low, 2 Apr 2026₹1,825.00High, 5 Oct 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,09,330 Cr108th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 59.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 21 May 2026
- 14.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 13 Aug 2026
- 23.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 13 Aug 2026
- 28.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 21 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 6,84,64068.2% delivered
LG Electronics India board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- ChairpersonDaehyun Song
- Managing directorHong Ju Jeon
- Company Secretary and Compliance OfficerAnuj Goyal
6 directors3 independent2 executive1 non-executive
- Daehyun Song · ChairpersonNon-executive · joined Nov 2024 · 1 listed board · 1 committee seat, 1 as chair
- Hong Ju Jeon · Managing directorExecutive · joined Jan 2023 · 1 listed board · 1 committee seat
- Dongmyung SeoExecutive · joined Jan 2022 · reappointed Jan 2026 · 1 listed board · 1 committee seat
- Santosh Kumar MohantyIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 3 as chair
- Ramesh Ramachandran NairIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Promila BhardwajIndependent · joined Nov 2024 · reappointed Nov 2024 · 19 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 21 May 20265 of 6 present3 independent · 26 days in between
- 24 Apr 20264 of 6 present3 independent · 71 days in between
- 11 Feb 20265 of 6 present3 independent · 25 days in between
- 16 Jan 20265 of 6 present3 independent
Audit Committee
Chair Santosh Kumar Mohanty
Promila Bhardwaj, Dongmyung Seo
- 21 May 20263 of 3 present2 independent · 62 days in between
- 19 Mar 20263 of 3 present2 independent · 35 days in between
- 11 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Ramesh Ramachandran Nair
Daehyun Song, Santosh Kumar Mohanty
- 24 Apr 20263 of 3 present2 independent · 97 days in between
- 16 Jan 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Daehyun Song
Hong Ju Jeon, Ramesh Ramachandran Nair
No meeting listed in the filing.
Risk Management Committee
Chair Hong Ju Jeon
Dongmyung Seo, Santosh Kumar Mohanty
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair Ramesh Ramachandran Nair
Daehyun Song, Promila Bhardwaj
- 27 Mar 20263 of 3 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Price Waterhouse Chartered Accountants LLPPeer-review certificate valid to Nov 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
LG Electronics India AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.LG Electronics India share news and announcements
Annual general meeting, 21 Aug 2026
8,95,378 shareholders on the register on 14 Aug 2026; present: 1 promoter and 160 others; votes counted by Neeraj Arora / Neeraj Arora & Associates.The company's voting result (opens in a new tab)
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 94.94% · promoters 100.00% · institutions 87.48% · other public 7.51%
- To appoint a Director in place of Mr. Hong Ju Jeon (DIN: 10041232), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary98.38% for1.62% against
Against: promoters 0.00% · institutions 15.95% · other public 0.08%
Turnout: all 94.94% · promoters 100.00% · institutions 87.48% · other public 7.51%
- To appoint M/s. Deloitte Haskins & Sells Chartered Accountants LLP (ICAI Firm Registration No. 117364W/W100739) as Statutory Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 94.94% · promoters 100.00% · institutions 87.48% · other public 7.51%
- Ratification of Cost Auditor’s RemunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 94.94% · promoters 100.00% · institutions 87.48% · other public 7.51%
- Appointment of M/s Dhananjay Shukla & Associates, Practising Company Secretaries as Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 94.94% · promoters 100.00% · institutions 87.48% · other public 7.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 31 Mar 2026, 2 resolutions
10,22,600 shareholders on the register on 20 Feb 2026; votes counted by Neeraj Arora / Neeraj Arora & Associates.The company's voting result (opens in a new tab)
- Approval of the re-appointment of Mr. Dongmyung Seo (DIN: 09481866) as Whole Time Director (designated as Executive Director) of the CompanyOrdinary98.45% for1.55% against
Against: promoters 0.00% · institutions 16.68% · other public 3.14%
Turnout: all 93.71% · promoters 100.00% · institutions 82.61% · other public 0.66%
- Approval of Material Related Party Transaction(s) between LG Electronics India Limited and LG Electronics Inc., Promoter of the CompanyOrdinaryPromoters have an interest in it99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 3.52%
Turnout: all 8.71% · promoters 0.00% · institutions 82.61% · other public 0.66%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 21 Aug 2026, 15 fund houses so far (houses' deadline to file 15 Oct 2026)
- To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Auditors thereon15 for0 against
- To appoint a Director in place of Mr. Hong Ju Jeon (DIN: 10041232), who retires by rotation and being eligible, offers himself for re-appointment
Against Angel One Mutual Fund, Edelweiss Mutual Fund, LIC Mutual Fund, Navi Mutual Fund, PGIM India Mutual Fund
- Angel One Mutual Fund, LIC Mutual FundGovernance Concern: Significantly low attendance at board meetings during FY 2025-26.
- Edelweiss Mutual Fund, Navi Mutual Fund, PGIM India Mutual FundCompliant with law. Governance Concern: Significantly low attendance at board meetings during FY 2025-26.
10 for5 against - To appoint M/s. Deloitte Haskins & Sells Chartered Accountants LLP (ICAI Firm Registration No. 117364W/W100739) as Statutory Auditors of the Company15 for0 against
- Ratification of Cost Auditor’s Remuneration15 for0 against
- Appointment of M/s Dhananjay Shukla & Associates, Practising Company Secretaries as Secretarial Auditors of the Company15 for0 against
Mutual fund votes, meeting of 31 Mar 2026, 27 fund houses
- Approval of the re-appointment of Mr. Dongmyung Seo (DIN: 09481866) as Whole Time Director (designated as Executive Director) of the Company27 for0 against
- Approval of Material Related Party Transaction(s) between LG Electronics India Limited and LG Electronics Inc., Promoter of the Company27 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Jun 2026.
- Unlisted stake boughtHR Nira Private LimitedSince 15 May 2026
9.88% bought in the quarter; holding 9.88%, from 0.00%
- Unlisted stake boughtNetra Renewable Energy Private LimitedSince 1 Jun 2026
7.57% bought in the quarter; holding 7.57%, from 0.00%
- Tax disputeIncome Tax DepartmentSince 30 Mar 2015No change in status.
At the filing before: The Income Tax Department passed an order dated February 12, 2016 computing our income for Assessment Year 2011-12 at Rs 4,510.15 million, alleging Transfer Pricing and Corporate Tax adjustments, against an income of Rs 2,850.57 million declared by our Company for the year. Our Company has filed an appeal dated February 26, 2016 before the Income Tax Appellate Tribunal (ITAT). Total disputed tax amount (including interest) is of Rs. 4,037.85 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is partly in favor of the Company and partly in favor of Income Tax Department. The Company has filed appeal to Allahabad High Court on 17-02-2026MoreLess
- Tax disputeIncome Tax DepartmentSince 26 Dec 2016No change in status.
At the filing before: The Income Tax Department, passed an order dated October 23, 2017 computing our income for Assessment Year 2012-13 at Rs. 6,881.89 million, alleging Transfer Pricing and Corporate Tax adjustments, against an income of Rs. 3,987.52 million declared by our Company for the year. Our Company has filed an appeal dated November 13, 2017 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 1,624.09 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is partly in favor of the Company and partly in favor of Income Tax Department. The Company has filed appeal to Delhi High Court on 20-02-2026MoreLess
- Tax disputeIncome Tax DepartmentSince 29 Dec 2017No change in status.
At the filing before: The Income Tax Department, passed an order dated October 29, 2018 computing our income for Assessment Year 2013-14 at Rs. 8,608.32 million, alleging Transfer Pricing and Corporate Tax adjustments, against an income of Rs. 5,713.54 million declared by our Company for the year. Our Company has filed an appeal dated November 22, 2018 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 1,573.38 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is partly in favor of the Company and partly in favor of Income Tax Department. The Company has filed appeal to Delhi High Court on 20-02-2026MoreLess
- Tax disputeIncome Tax DepartmentSince 26 Dec 2018No change in status.
At the filing before: The Income Tax Department, passed an order dated October 31, 2019 computing our income for Assessment Year 2014-15 at Rs. 11,588.06 million, alleging Transfer Pricing and Corporate Tax adjustments, against an income of Rs. 8,176.31 million declared by our Company for the year. Our Company has filed an appeal dated November 19, 2019 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 2,017.36 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is partly in favor of the Company and partly in favor of Income Tax Department. The Company has filed appeal to Delhi High Court on 20-02-2026MoreLess
- Tax disputeIncome Tax DepartmentSince 26 Mar 2025No change in sttaus
At the filing before: The Income Tax Department, passed a draft order under section 144C of the Income Tax Act, 1961 dated March 26, 2025 computing our income for Assessment Year 2022-23 at Rs. 20,080.16 million, alleging Transfer Pricing and Corporate Tax adjustments of Rs. 4138.74 Million, against an income of Rs. 15,941.42 million declared by our Company for the year. The Dispute Resolution Panel (DRP) has passed Order dated 29 December 2025, confirming Income Tax Department draft assessment order. Further DRP has also directed Transfer Pricing Officer (TPO) to re-compute TP adjustment as per DRP Directions. The tax litigations for the said year pertain to corporate tax and transfer pricing issues, with the transfer pricing issues which are covered under APA Agreement signed dated 05 January 2026 and would become Nil Considering DRP Order, the Assessing Officer has issued Final Assessment Order dated 23-02-2026, alleging Transfer Pricing and Corporate Tax adjustments, amounting to Rs. 3717.88 Million. Transfer Pricing disallowance of Rs. 1170.29 Million are covered under Advance Pricing Agreement and would become Nil. Our Company has filed an appeal dated 17-Mar-2026 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs.2,856.79 million.MoreLess
- Tax disputeIncome Tax DepartmentSince 22 Mar 2026The Company has filed objections before the Dispute Resolution Panel on April 17, 2026.
At the filing before: The Income Tax Department, passed a draft order under section 144C of the Income Tax Act, 1961 dated March 22, 2026 for Assessment Year 2023-24 alleging Transfer Pricing and Corporate Tax adjustments, amounting to Rs 5,728 Million. Transfer Pricing disallowance of Rs. 2,168.90 Million are covered under Advance Pricing Agreement and would become Nil. The Company will file its objections before the Dispute Resolution Panel.MoreLess
15 more
- Tax disputeIncome Tax DepartmentSince 9 Feb 2023No change in status.
At the filing before: The Income Tax Department, passed an order dated January 16, 2024 computing our income for Assessment Year 2005-06 at Rs. 3,108.39 million, alleging Transfer Pricing adjustments, against an income of Rs. 1,027.80 million declared by our Company for the year. Our Company has filed an appeal dated February 2, 2024 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 1,335.70 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is in favor of the Company and against Income Tax Department. The Income Tax Department has yet to file appeal to High Court (Rs. 1335.7 Million)MoreLess
- Tax disputeIncome Tax DepartmentSince 9 Feb 2023No change in status.
At the filing before: The Income Tax Department, passed an order dated January 21, 2024 computing our income for Assessment Year 2006-07 at Rs. 5,267.58 million, alleging Transfer Pricing adjustments, against an income of Rs. 3,132.58 million declared by our Company for the year. Our Company has filed an appeal dated February 5, 2024 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of Rs. 1,150.98 million. The Income Tax Appellate Tribunal (ITAT) has passed Order dated 15 October 2025. The Order is in favor of the Company and against Income Tax Department. The Income Tax Department has yet to file appeal to High Court (Rs. 1150.98 Million)MoreLess
- Tax disputeIncome Tax DepartmentSince 25 Mar 2013No change in status.
At the filing before: The Office of Assistant Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated November 27, 2012 and rectification order dated January 24, 2013, computing our income for Assessment Year 2008-09 at ₹ 7,407.25 million against an income of ₹ 2,940.68 million declared by our Company for the year. Our Company filed an appeal before the Income Tax Appellate Tribunal and the Income Tax Appellate Tribunal pursuant to an order dated January 14, 2019 partly allowed our appeal (“Impugned Order”). Pursuant to the Impugned Order, the Office of the Additional Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated August 26, 2019 revising our assessed income to ₹ 3,620.86 million. Our Company had filed an appeal before the High Court of Judicature at Allahabad, Uttar Pradesh on January 13, 2023 against the Impugned Order. Total disputed tax amount (including interest) is of ₹ 1,569.78 million.MoreLess
- Tax disputeIncome Tax DepartmentSince 25 Mar 2013No change in status.
At the filing before: The Office of Assistant Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated February 6, 2014 computing our income for Assessment Year 2009-10 at ₹ 9,445.45 million against an income of ₹ 1,642.60 million declared by our Company for the year. Our Company filed an appeal before the Income Tax Appellate Tribunal and the Income Tax Appellate Tribunal pursuant to an order dated February 15, 2019 partly allowed our appeal (“Impugned Order”). Pursuant to the Impugned Order, the Office of the Additional Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated August 26, 2019 revising our assessed income to ₹ 2,393.12 million. Our Company filed an appeal before the High Court of Judicature at Allahabad, Uttar Pradesh on January 13, 2023 against the Impugned Order. Total disputed tax amount (including interest) is of ₹ 2,612.26 million.MoreLess
- Tax disputeIncome Tax DepartmentSince 31 Mar 2014No change in status.
At the filing before: The Office of Assistant Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated January 12, 2015 computing our income for Assessment Year 2010-11 at ₹ 18,304.83 million against an income of ₹ 3,835.35 million declared by our Company for the year. Our Company filed an appeal before the Income Tax Appellate Tribunal and the Income Tax Appellate Tribunal pursuant to an order dated August 16, 2022 partly allowed our appeal (“Impugned Order”). Our Company filed an appeal before the High Court of Judicature at Allahabad, Uttar Pradesh on January 13, 2023 against the Impugned Order. Total disputed tax amount (including interest) is of ₹ 4,941.16 million.MoreLess
- Tax disputeIncome Tax DepartmentSince 31 Dec 2019No change in status.
At the filing before: The Assessment Unit, National Faceless Assessment Centre (NFAC), Income Tax Department, Ministry of Finance, Government of India passed an order dated April 4, 2021 computing our income for Assessment Year 2015-16 at ₹ 13,249.56 million against an income of ₹ 10,415.31 million declared by our Company for the year. Our Company has filed an appeal dated May 5, 2021 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of ₹ 1,748.19 million. The tax litigations for the said year pertain to corporate tax and transfer pricing issues, with the transfer pricing issues which are covered under APA Agreement signed dated 05 January 2026 and would become NilMoreLess
- Tax disputeIncome Tax DepartmentSince 30 Apr 2021No change in status.
At the filing before: The Income Tax Department, Ministry of Finance, Government of India pursuant to an order dated April 30, 2021 enhanced our income for Assessment Year 2016-17 by ₹ 2,676.68 million. Our Company has filed an appeal before the High Court of New Delhi at Delhi against the order dated April 30, 2021. The tax litigations for the said year pertain to corporate tax and transfer pricing issues, with the transfer pricing issues which are covered under APA Agreement signed dated 05 January 2026 and would become NilMoreLess
- Tax disputeIncome Tax DepartmentSince 28 Sep 2021No change in status.
At the filing before: The Office of the Deputy Commissioner of Income Tax, Income Tax Department, Ministry of Finance, Government of India passed an order dated September 14, 2022 computing our income for Assessment Year 2017-18 at ₹ 20,611.93 million against an income of ₹ 18,184.38 million declared by our Company for the year. Our Company has filed an appeal dated October 11, 2022 before the Income Tax Appellate Tribunal for a disputed tax amount (including interest) of ₹ 1,433.83 million. The tax litigations for the said year pertain to corporate tax and transfer pricing issues, with the transfer pricing issues which are covered under APA Agreement signed dated 05 January 2026 and would become NilMoreLess
- Tax disputeIncome Tax DepartmentSince 19 Jun 2026No change in status.
At the filing before: The Assessment Unit, Income Tax Department, on 19 June 2026 levied penalty of INR 8,23,53,445 under section 271(1)(c) of the Income Tax Act, 1961 alleging furnishing of inaccurate particulars of Income. The Company has filed appeal before National Faceless Appeal Centre (NFAC) on July 6, 2026 against the total penalty amount of Rs. 823,53,445.MoreLess
- Tax disputeCommissioner of Central Excise, Pune, MaharastraSince 23 Feb 2011No change in status
At the filing before: Commissioner of Central Excise and Service Tax, Pune – IV passed an order-in-original dated November 26, 2014 dropping two demands under rule 6 of CENVAT Credit Rules, 2004 of (a) ₹ 850.17 million on the clearance of ‘GSM mobile handset phones’ between February 2006 and September 2009, and (b) ₹ 722.63 million for clearance between October 2009 and February 2011, levied by Commissioner of Central Excise and Service Tax, Pune – IV against our Company. Aggrieved by the order-in-original dated November 26, 2014, Commissioner of Central Excise and Service Tax, Pune – IV filed an appeal on January 21, 2016 before the Customs, Excise and Service 355 Tax Appellate Tribunal Mumbai, Maharashtra, India. The Customs, Excise and Service Tax Appellate Tribunal Mumbai, Maharashtra, India pursuant to its order dated August 29, 2019 set aside the order-in-original dated November 26, 2014 and remanded the matter to the original authority, i.e., Commissioner of Central Excise and Service Tax, Pune – IV to take a decision afresh.MoreLess
- Tax disputeComissioner, Central Excise, Noida, Uttar PradeshSince 9 May 2011No Change in Status
At the filing before: Commissioner of Central Excise and Service Tax, Noida passed an order-in-original dated July 13, 2012 pursuant to an investigation conducted by the Anti Evasion Unit of Noida Commissionerate on November 18, 2010 in connection with service tax credit claimed by our Company on common services used for manufacturing and trading activities aggregating to ₹ 1,042.60 million (including penalty). Our company filed an appeal dated October 16, 2012 before the Customs, Central Excise and Service Tax Appellate Tribunal, Allahabad against the order-in-original. The Customs, Central Excise and Service Tax Appellate Tribunal, Allahabad pursuant to its order dated January 23, 2017 decided the appeal in the favour of our Company. The Commissioner, Central Excise and Service Tax, Noida, has on September 4, 2017 filed an appeal before the High Court of Judicature, Allahabad against the order dated January 23, 2017. As on the date, the dispute amount (including penalty and excluding interest) is ₹ 1,032.60 million.MoreLess
- Tax disputeDy. Director, DGGI, New DelhiSince 27 Sep 2023No Change in Status
At the filing before: Our Company received a show cause notice dated September 27, 2023 from Additional Director, the Directorate General of Goods and Service Tax Intelligence, Delhi Zonal Unit, New Delhi, Delhi, India under section 73(1) of the Central Goods and Services Tax Act, 2017 pursuant to an investigation conducted in relation to reverse charge mechanism on secondment/deployment of employees by overseas group entity in the Indian group entity, alleging that our Company received ‘Manpower Supply Service’ from LG Electronics Inc. in respect of expatriate employees and accordingly proposed demand of Integrated Goods and Service Tax on reverse charge basis and interest and penalty. Our Company submitted a reply to the show cause notice on October 27, 2023 subsequent to which, the Additional Commissioner Central Goods and Services Tax and Central Excise passed an order-in-original dated December 28, 2023 imposing Integrated Goods and Services Tax and penalty aggregating to ₹ 1,410.19 million excluding interest, on our Company. Our Company has filed a writ petition on February 26, 2024 before the High Court of Judicature at Allahabad, Uttar Pradesh, India praying for stay of the order dated December 28, 2023. Demand Stay by High Court vide order dated February 20, 2024.MoreLess
- Tax disputeJoint Commissioner - State TaxSince 26 Jun 2026Company filed Reply on 17.06.26, . PH fixed on 26.06.26 (Order Awaited)
At the filing before: Show Cause Notice was issued vide SCN No. ZD090526244414A Dt- 26.05.26 in Uttar Pradesh State for FY 2021-22 for demanding the tax amounting of Rs. 116.72 Crore including Penalty (Principal Tax Rs. 58.36 Crore + Penalty Rs. 58.36 Crore) In Show Cause Notice Tax Département alleged that Company has claimed excess Input Tax Credit while comparing the data auto reflected in GSTN Portal (Table 8A of GSTR-9 Annual Return) and claimed by company in GSTR-3B (Monthly Return). Company filed Reply on 17.06.26, . PH fixed on 26.06.26 (Order Awaited)MoreLess
- Tax disputeCommissioner Custom, Nhava ShevaSince 28 Feb 2024CESTAT appeal application filed on 27th April 2026
At the filing before: Signage Monitor Part's shipment (Monitor Signage) cleared with Notification No 24/2005 benefit Basic Customs Duty paid: Nil, Customs view Signage part(8524,8529) can not avail ITA benefit. 1. Reply for SCN submitted to Nhava sheva Custom July 2024. 2. CBIC Board has assigned the case to Commissioner (Adjudication) Ballard Estate as adjudicating authority of case. 3. Personal Hearing on January 9, 2026 5. OIO has been issued by Customs on dated January 29, 2026. 6. Duty demand is as per below a. Differential duty - ₹31,69,58,686/- b . Redemption fine -₹ 15,00,00,000/- (Section 125 (I)) c. Penalty -- ₹ 31,69,58,686/- ( Section 114A) d. Penalty - ₹ 15,00,00,000/- ( Section 114AA) Total Amount is ₹ 93,39,17,372/- 7. The Company has already deposited ₹4,88,42,522/- (including interest amount of ₹59,46,210/- ) during investigation period.MoreLess
- Tax disputeCommissioner Custom, Nhava ShevaSince 31 Jul 2025Reply for SCN submitted to Customs on dated 24th April 2026
At the filing before: 1. New Delhi Customs has conducted Onsite post clearance audit for import for past five year (2020-2024) 2. Audit was conducted from March 19, 2025 to April 15, 2025. 3. Audit team has forwarded their report to Nhava Sheva Customs. 4. Nhava Sheva Customs has issued SCN to Company on July 31, 2025. 5.The Company has submitted extension request letter to customs for submission of reply to SCN. 6. Total duty demand - ₹ 4241.58 million.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
At most 1 complaint open, quarter to Mar 2026.
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.