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The latest update is out from Indus Towers Limited ( (IN:INDUSTOWER) ).
Indus Towers Limited has disclosed a penalty imposed by the Excise and Taxation Officer in Gurgaon for a short reversal of Input Tax Credit under the CGST Rules, amounting to Rs. 14,30,366. The company plans to challenge the order at the Appellate Authority, asserting that the penalty will not materially impact its financials, operations, or other activities.
More about Indus Towers Limited
Indus Towers Limited operates in the telecommunications infrastructure industry, providing tower and related services to mobile operators across India. The company focuses on enabling seamless connectivity and expanding network reach for its clients.
YTD Price Performance: -4.00%
Average Trading Volume: 230,094
Current Market Cap: 870.6B INR
See more insights into INDUSTOWER stock on TipRanks’ Stock Analysis page.