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Linc LimitedImportant, 08-01-2025: Updates

08-01-2025 | 12:30 pm

Linc Limited has received a demand order from the Additional Commissioner of Customs for Rs. 8.20 Cr in differential duty and a penalty of Rs. 13.20 Cr, along with applicable interest, due to improper payment of IGST. While the company acknowledges the violation, it does not anticipate any material financial impact, as it plans to contest the order at the appropriate forum and expects a favorable resolution. Investors should monitor this situation closely, as it could influence the company’s operational stability and financial performance moving forward.

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