Dalmia Bharat Limited (DALBHARAT) — Announcement
📢 Key Event
Penalty of Rs. 11.82 lakh waived off for Dalmia DSP after appeal resolution
🔄 What Changed
Penalty demand removed after appeal
💡 Investor Takeaway
Shareholders face no financial hit from the settled tax dispute.
Dalmia Bharat disclosed that its wholly owned subsidiary Dalmia DSP Limited had an entire penalty of Rs. 11,82,298 waived off by the Additional Commissioner of CGST (Appeals) in Patna following an appeal, removing any financial impact on the subsidiary and eliminating related tax disputes from FY 2017-18 under reverse charge mechanisms.
About Dalmia Bharat Limited (DALBHARAT)
Construction Materials · Cement & Cement Products · Listed on NSE
Market Cap: ₹32,402.02 Cr
P/E: 57.5
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.