The latest update is out from Akzo Nobel India Limited ( (IN:AKZOINDIA) ).
Akzo Nobel India Limited has issued an update regarding ongoing litigation with the Punjab GST Department. The company received an order relating to a Show Cause Notice about disallowing input tax credit for the period from April 2020 to March 2021, resulting in a revised demand amount. Akzo Nobel India Limited is currently in the process of responding to the order, which highlights the impact of regulatory challenges on the company’s operations.
More about Akzo Nobel India Limited
Akzo Nobel India Limited is a prominent player in the chemical industry, providing a wide range of products primarily focused on paints and coatings. The company is part of the global Akzo Nobel group, which is known for its innovative solutions and market leadership in various segments of the chemical industry.
YTD Price Performance: -7.49%
Average Trading Volume: 1,427
Current Market Cap: 149.9B INR
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