MAM
Fevicol A+ partners with NAB & school students to create more than 2 lakh Rakhis for Army Jawans
Mumbai: Fevicol A+ – an innovative crafting glue from Pidilite – celebrated the auspicious festival of Rakshabandhan with its nation-wide endeavor: A Bond Of love. As part of this initiative, Fevicol A+ associated with the National Association for the Blind India (NAB), to create 1.5 lakh exquisite rakhis as a mark of support to the jawans of the Indian armed forces.
The visually challenged women of NAB created unique designs of rakhi using Fevicol A+ and specialized designs created for them by the Pidilite team. For the first time, the rakhis made by NAB were stuck-on rather than stitched which made the process a lot easier for the women. Besides, the endeavor also encouraged school students to create handmade rakhis and cards for their brothers in the Armed Forces, as a token of gratitude and respect for them. One Lakh students across 600 schools participated in the rakhi making activity and created One Lakh Rakhis.
The rakhi making activity commenced in July 2019 and lasted till Aug 2019. The initiative was organised across nearly 16 cities of the country.
Around 2.5 lakh rakhis were created and sent to the Army Jawans on the occasion of Raksha Bandhan
Mr. Shantanu Bhanja, CEO, Consumer Products, Pidilite Industries Ltd, said, “As a part of our Fevicreate initiative to foster creativity for everyone, the ‘Bond Of Love’ endeavor was a way to express our love and respect to national heroes. It is wonderful to see the enthusiasm with which the women at NAB and school students created hand-crafted rakhis to thank the Jawans for protecting our nation. The skills demonstrated by the visually challenged women are remarkable, and they are an inspiration for everyone who wishes to take up art & craft and ignite their inner creativity. It gives us immense pleasure to offer a product like Fevicol A+ to students so that they can utilize their creative art and craft skills to pay tribute to the Jawans.”
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
