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An update from Ami Organics Ltd. ( (IN:AMIORG) ) is now available.
Ami Organics Ltd. has announced receiving an order from the Central Goods and Service Tax authorities regarding a claim of ineligible Input Tax Credit (ITC) for the fiscal year 2017-18. The claimed amount is Rs. 15.44 lakhs, with an equal penalty and applicable interest. The company plans to appeal the order and does not anticipate any material financial impact from this issue on its operations.
More about Ami Organics Ltd.
Ami Organics Ltd. operates in the chemical industry, focusing on the production of specialty chemicals and pharmaceutical intermediates. The company is based in Surat, Gujarat, India.
YTD Price Performance: 14.54%
Average Trading Volume: 16,371
Current Market Cap: 97.59B INR
Learn more about AMIORG stock on TipRanks’ Stock Analysis page.