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Greenply Industries Ltd ( (IN:GREENPLY) ) has provided an announcement.
Greenply Industries Limited has received a favorable order from the Commissioner of Income Tax (Appeals) regarding a tax litigation related to excise duty exemption for the financial year 2012-13. This decision resulted in an income-tax refund and interest, which was shared with Greenpanel Industries Limited as per a prior agreement. The Income-tax Department’s appeal against this order was dismissed by the ITAT, Guwahati Bench, thereby upholding the favorable ruling for Greenply.
More about Greenply Industries Ltd
Greenply Industries Limited operates in the plywood and allied products industry, focusing on manufacturing and distributing plywood, block boards, and decorative veneers. The company is known for its emphasis on quality and sustainability, catering to both domestic and international markets.
Average Trading Volume: 3,603
Technical Sentiment Signal: Hold
Current Market Cap: 34.4B INR
See more data about GREENPLY stock on TipRanks’ Stock Analysis page.