Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Adani Wilmar Limited ( (IN:AWL) ) just unveiled an announcement.
Adani Wilmar Limited has received a penalty order from the Deputy Commissioner of State Tax, Cuttack-I, Odisha, amounting to Rs. 14,79,456 under the CGST and OGST Act, 2017. This penalty is related to a tax demand concerning a refund claimed under the inverted duty category. However, the company plans to appeal the order and does not anticipate any significant impact on its financial or operational activities.
More about Adani Wilmar Limited
Adani Wilmar Limited is a company operating in the consumer goods industry, primarily engaged in the production and distribution of edible oils and other food products. It focuses on delivering essential kitchen commodities to consumers, contributing significantly to the food and agribusiness sector.
YTD Price Performance: -22.78%
Average Trading Volume: 273,972
Current Market Cap: 333.2B INR
Find detailed analytics on AWL stock on TipRanks’ Stock Analysis page.