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Jeena Sikho Lifecare LimitedOthers, 17-02-2025: Action(s) initiated or orders passed

17-02-2025 | 05:22 pm

Jeena Sikho Lifecare Limited has disclosed that the Principal Commissioner, CGST, Chandigarh issued a demand order under the CGST Act, totaling ₹2.54 crore, which includes an equal penalty. While the company is currently evaluating the option to appeal the order, management asserts that there is no material impact on financial performance or operations. This development could introduce some uncertainty; however, the company appears to maintain a stable operational outlook, mitigating potential investor concerns related to cash flow. Overall, this may prompt a neutral sentiment among investors while management pursues appeals.

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