The latest announcement is out from Adani Power Limited ( (IN:ADANIPOWER) ).
Adani Power Limited has received a demand notice from the GST authorities concerning a tax demand of Rs. 80.46 Crore, along with interest and penalty, related to its former subsidiary, Raipur Energen Ltd., for the fiscal year 2020-21. The company has stated that this demand will not impact its financial or operational activities and plans to appeal the order.
More about Adani Power Limited
Adani Power Limited is a leading company in the energy sector, primarily focused on power generation and distribution. It operates in the Indian market, providing electricity through thermal power plants and is part of the larger Adani Group, which has diverse interests in sectors like infrastructure, logistics, and resources.
YTD Price Performance: -9.16%
Average Trading Volume: 699,887
Current Market Cap: 1918.6B INR
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