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Dalmia Bharat Ltd. ( (IN:DALBHARAT) ) has provided an announcement.
Dalmia Bharat Limited announced that its subsidiary, Dalmia Cement (Bharat) Limited, has successfully resolved a tax dispute with the Sales Tax Officer in Tamil Nadu. The adjudication proceedings have resulted in the dropping of a significant tax and penalty demand for the assessment year 2018-19, amounting to over Rs. 1,43,40,47,271 each. This resolution means there will be no financial impact on the company, which is a positive development for its operations and financial health.
More about Dalmia Bharat Ltd.
Dalmia Bharat Limited is a prominent player in the Indian cement industry, operating through its wholly owned subsidiary, Dalmia Cement (Bharat) Limited. The company is known for its extensive range of cement products and has a significant market presence in India.
Average Trading Volume: 21,292
Technical Sentiment Signal: Hold
Current Market Cap: 376.9B INR
See more data about DALBHARAT stock on TipRanks’ Stock Analysis page.