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Kalpataru Projects International Limited ( (IN:KPIL) ) just unveiled an update.
Kalpataru Projects International Limited has received an order from the Central Excise & GST Authority demanding a penalty of INR 7.11 Crores related to alleged wrong availment of Cenvat credit by the erstwhile JMC Projects for the fiscal year 2014-15. The company plans to appeal the order, asserting that it has a strong case, and states that the penalty will not significantly impact its financial or operational activities.
More about Kalpataru Projects International Limited
Kalpataru Projects International Limited operates in the infrastructure sector, focusing on engineering, procurement, and construction services. The company is involved in various projects, including power transmission and distribution, buildings and factories, water and irrigation, and urban infrastructure, serving both domestic and international markets.
Average Trading Volume: 6,921
Technical Sentiment Signal: Buy
Current Market Cap: 199.7B INR
See more data about KPIL stock on TipRanks’ Stock Analysis page.