TTK Prestige Limited — Others, 28-02-2025: Action(s) initiated or orders passed

TTK Prestige has received a Demand Notice from the Excise and Taxation Department related to their GST audit for FY 2020-21, leading to a claim for tax, interest, and penalty totaling ₹10.00 Cr. The company plans to appeal the decision by May 27, 2025, asserting that the department overlooked key facts presented. Given TTK's confidence in a favorable resolution, the potential financial impact appears limited. Investors might view this situation with a cautious but positive outlook, anticipating a possible vindication that could stabilize sentiment around the stock.