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Schneider Electric Infrastructure LimitedOthers, 04-02-2025: Action(s) initiated or orders passed

04-02-2025 | 03:58 pm

Schneider Electric Infrastructure Limited has received a demand notice regarding the alleged wrong availment of excess Input Tax Credit for the financial year 2017-18, amounting to ₹29.99 lac, including tax, interest, and penalty. The company is currently assessing legal remedies. While this may raise audit and compliance concerns, there is no material impact anticipated on overall financials or operations. Investors might view this development with a neutral perspective, as the financial implications appear limited and the business continues to function routinely.

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