LMW Limited — Others, 15-04-2025: Action(s) initiated or orders passed
15-04-2025 · 04:13 pm
LMW Limited has announced a board meeting to discuss a notice received from the State Tax Officer regarding the failure to generate an e-invoice during a vehicle check. The penalty imposed amounts to ₹11,40,524; however, management indicates that this will not materially affect the company's financials, operations, or other activities. The company intends to appeal the decision with the Deputy Commissioner of State Tax. This situation may represent a potential risk, but the overall impact on shareholder value appears neutral at this stage.
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