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IIFL Finance Limited ( (IN:IIFL) ) has provided an announcement.
IIFL Finance Limited has disclosed that it received an order from the Assistant Commissioner of GST, Delhi, imposing a penalty of Rs 15.04 lakh for alleged non-payment of tax on exempt supplies for the 2021–22 financial year under the Central and Delhi Goods and Services Tax Acts. The company has stated that it plans to appeal the order within the prescribed timeframe and has indicated that the penalty is not expected to have a material impact on its financials, operations or overall business activities, suggesting limited immediate implications for stakeholders.
More about IIFL Finance Limited
IIFL Finance Limited is a diversified non-banking financial company (NBFC) headquartered in Maharashtra, India, offering a range of lending and financial services. The company operates across retail and commercial segments, with a focus on credit products such as loans and other financing solutions for individuals and businesses in the Indian market.
Average Trading Volume: 79,673
Technical Sentiment Signal: Buy
Current Market Cap: 259.6B INR
See more data about IIFL stock on TipRanks’ Stock Analysis page.