Gateway Distriparks Limited — Others, 24-04-2025: Action(s) taken or orders passed

Gateway Distriparks Limited has announced a board meeting to discuss the receipt of settlement orders under the "Vivad Se Vishwas Scheme, 2024" for various assessment years. It has successfully settled tax liabilities from an initial demand of ₹5.50 crore (cr), reducing it to ₹2.20 cr, with no further penalties or interest. This settlement settles all pending demands for the specified assessment years. The overall impact on operations remains marginal, indicating a cleaner financial slate, which could lead to a positive outlook among investors as uncertainty around tax liabilities is alleviated.