Plaza Wires Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting

The Board of Plaza Wires Limited has approved the financial results for the quarter and nine months ended December 31, 2024. Key figures include revenue from operations of ₹496.29 Cr and a profit before tax of ₹26.52 Cr. The company received a demand order from the GST authorities amounting to ₹11.5 Cr, which includes a tax demand and penalty. The management believes there is a strong case against this demand. Overall, the board meeting's outcomes reflect the company's commitment to transparency and operational integrity amidst external challenges.