₹301 Crore CCI Penalty Against Grasim Set Aside: NCLAT
The National Company Law Appellate Tribunal (NCLAT) on 06 May 2026 set aside a penalty of ₹301.61 crore imposed by the Competition Commission of India (CCI) on Grasim Industries Limited. The penalty was related to allegations of abuse of dominant position in the viscose staple fibre market. The tribunal remanded the matter back to CCI for fresh consideration. Background of the Case The dispute originated from a 2020 order of…