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Britannia Industries Ltd ( (IN:BRITANNIA) ) has provided an announcement.
Britannia Industries Ltd has received an order from the Assistant Commissioner of CGST & CX, Vaishali Division, alleging a mismatch in input tax credit, resulting in a demand for Rs. 94,95,538/-. Despite the order, the company states that there is no material impact on its financials or operations and plans to exercise legal remedies under GST law.
More about Britannia Industries Ltd
Britannia Industries Ltd is a prominent player in the food industry, primarily known for its extensive range of bakery products such as biscuits, bread, and dairy products. The company focuses on delivering high-quality food items and has a significant market presence in India.
YTD Price Performance: 2.07%
Average Trading Volume: 11,507
Current Market Cap: 1178.4B INR
For detailed information about BRITANNIA stock, go to TipRanks’ Stock Analysis page.