A2Z Infra Engineering Limited — Others, 05-02-2025: Action(s) taken or orders passed

A2Z Infra Engineering Limited has disclosed a demand order from the Goods and Services Tax Department for the recovery of interest amounting to INR 44.31 cr due to the delayed payment of taxes for the financial year 2017-18. While this demand is liable to be challenged, the company believes a favorable outcome is likely based on its assessment of current legal precedents. Therefore, this situation is not expected to materially impact the company's financial or operational activities. For investors, this development suggests a potential risk but also an opportunity for a positive resolution, reflecting management's confidence in handling the matter effectively.