The latest announcement is out from Greenply Industries Ltd ( (IN:GREENPLY) ).
Greenply Industries Limited has received an order from the Assistant Commissioner of State Tax in Tamil Nadu, demanding a tax payment of Rs. 5,49,963, along with interest and penalties, for discrepancies in their tax filings for the fiscal year 2020-21. Despite the tax demand, Greenply asserts that there will be no material impact on its financial or operational activities and plans to file a rectification or appeal against the order.
More about Greenply Industries Ltd
Greenply Industries Limited operates in the interior infrastructure sector, primarily focusing on the manufacturing and distribution of plywood and allied products. The company is known for its extensive range of products catering to both residential and commercial markets.
YTD Price Performance: -10.00%
Average Trading Volume: 9,061
Current Market Cap: 35.27B INR
Learn more about GREENPLY stock on TipRanks’ Stock Analysis page.