The Ramco Cements Limited — Important, 18-10-2024: Updates

Ramco Cements Limited has provided an update on ongoing litigations. The company's appeal regarding disputed tax values of Rs. 7.35 crores for the assessment year 2011-2012 and Rs. 3.76 crores for Industrial Promotion Assistance has been ruled in their favor by the Commissioner of Income Tax (Appeals). This resolves the contingent liability associated with the latter case.