A2Z Infra Engineering Limited — Others, 29-01-2025: Action(s) taken or orders passed

A2Z Infra Engineering has received a demand notice from the GST Department imposing penalties totaling INR 1.98 crore for the financial year 2019-20. The notice was dated January 8, 2025, and officially received on January 28, 2025. While the penalty is significant, the company has indicated that it does not foresee any material impact on its financial or operational activities. This announcement may lead to a neutral impact on investor sentiment, as the company's operations remain largely unaffected despite the financial liability.