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The latest announcement is out from Dalmia Bharat Ltd. ( (IN:DALBHARAT) ).
Dalmia Bharat Limited has issued a clarification regarding media reports about alleged GST notices amounting to Rs 266.3 crore issued to its subsidiary, Dalmia Cement (Bharat) Limited. The company clarified that these reports are incorrect and misleading, as the entire demand has been waived by the concerned authority, resulting in no financial impact on the subsidiary. Stakeholders are advised to rely on the company’s official communications for accurate information.
More about Dalmia Bharat Ltd.
Dalmia Bharat Limited is a prominent player in the cement industry, primarily engaged in the production and distribution of cement products. The company operates through its wholly owned subsidiary, Dalmia Cement (Bharat) Limited, and focuses on catering to the construction and infrastructure sectors.
Average Trading Volume: 21,292
Technical Sentiment Signal: Hold
Current Market Cap: 376.9B INR
Find detailed analytics on DALBHARAT stock on TipRanks’ Stock Analysis page.