Hindustan Zinc Limited — Important, 09-11-2024: General Updates

Hindustan Zinc Limited has received an order from the Commissioner of Central Excise and CGST, imposing a penalty of ₹2,99,37,101 related to tax on inward supplies for FY 2017-18. The company plans to appeal this decision, expressing confidence that the outcome will be favorable and does not expect a material financial impact from this order.