ICICI Lombard General Insurance Co. Ltd. ( (IN:ICICIGI) ) has shared an update.
ICICI Lombard General Insurance Co. Ltd. has announced its decision to opt for an amnesty scheme under the Goods and Services Tax (GST) Act to resolve pending GST disputes for the period from July 2017 to March 2020. The company has made a payment of ₹15,34,978 to settle the tax demand, which will reduce its contingent liabilities to nil. This settlement is not expected to have a material impact on the company’s operations or activities.
More about ICICI Lombard General Insurance Co. Ltd.
ICICI Lombard General Insurance Co. Ltd. operates in the insurance industry, offering a range of general insurance products and services. The company focuses on providing comprehensive insurance solutions to individuals and businesses, positioning itself as a key player in the Indian insurance market.
YTD Price Performance: -1.69%
Average Trading Volume: 12,522
Current Market Cap: 881B INR
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