ALPHA TRIBE

Orient Cement LimitedImportant, 01-05-2025: General Updates

01-05-2025 | 07:45 pm

Orient Cement faces a tax demand of Rs 19.62 Cr plus a penalty related to AY 2022-23, driven by a Rs 41.22 Cr transfer pricing adjustment for internal power transfers. The company will appeal the order, so no immediate cash outflow is expected, but the final financial impact depends on the appeal's outcome.

No comments yet. Be the first to comment!

All announcements from Orient Cement Limited