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The latest update is out from Dhanuka Agritech Limited ( (IN:DHANUKA) ).
Dhanuka Agritech Limited has received a GST demand order from the Central Goods & Service Tax office in Ahmedabad, amounting to Rs. 121.32 crore. The order alleges that the company misclassified certain products, leading to a lower GST rate being applied. Dhanuka Agritech is contesting the demand, asserting that it will not impact its financials or operations, and is considering an appeal.
More about Dhanuka Agritech Limited
Dhanuka Agritech Limited operates in the agritech industry, focusing on the production and distribution of agrochemicals. The company specializes in products such as fertilizers and bio-stimulants, catering primarily to the agricultural sector.
Average Trading Volume: 5,508
Technical Sentiment Signal: Hold
Current Market Cap: 55.38B INR
See more insights into DHANUKA stock on TipRanks’ Stock Analysis page.