Bannari Amman Sugars (BANARISUG) — Announcement

Bannari Amman Sugars disclosed fresh recovery proceedings initiated by Erode District Collector for Rs.12.72 crores in alleged electricity tax dues, reviving a dispute over a 2005 writ petition challenging Tamil Nadu's electricity tax law that remains pending before the Supreme Court, with the company asserting valid legal grounds to contest the claim.

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About Bannari Amman Sugars Limited (BANARISUG)

Fast Moving Consumer Goods · Sugar · Listed on NSE

Market Cap: ₹5,004.97 Cr P/E: 41.1 ROE: 6.8% ROCE: 7.3% Div Yield: 0.31%

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