Reliance Industries Limited, led by Mukesh Ambani, has received a GST penalty notice of Rs 15.38 lakh from the Gujarat tax department. The penalty has been imposed under provisions of the GST laws, including the Gujarat GST Act, Central GST Act, and Integrated GST Act. No Impact on Business OperationsDespite the penalty notice, Reliance Industries Limited has assured stakeholders that there will be no impact on its business operations. Impact on Share Price and Market SentimentOn the stock market front, shares of Reliance Industries Limited closed nearly flat at Rs 1348.30 in the previous session. Overall, while the GST penalty notice has grabbed attention, it appears to be a limited financial issue for Reliance at this stage.

Source: News 24 March 31, 2026 10:43 UTC