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An announcement from Ambuja Cements Limited ( (IN:AMBUJACEM) ) is now available.
Ambuja Cements Limited has announced that it has received a penalty order from the Assistant Commissioner in Patna under the CGST/SGST Act 2017 for shortfall in GST payment and excess ITC claims. The company plans to appeal the order and does not anticipate any material impact on its financial or operational activities.
More about Ambuja Cements Limited
Ambuja Cements Limited is a prominent player in the cement industry, primarily engaged in the manufacturing and distribution of cement and related products. The company operates in India and has a significant market presence in the construction and infrastructure sectors.
Average Trading Volume: 510,779
Technical Sentiment Signal: Hold
Current Market Cap: 1349B INR
See more insights into AMBUJACEM stock on TipRanks’ Stock Analysis page.