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Gravita India LimitedImportant, 02-06-2025: General Updates

02-06-2025 | 06:06 pm

Gravita Metal Inc. faces a disputed income tax demand of ₹4.09 Cr for AY 2018-19 due to revised income and unsecured loans. The company expects a favorable outcome at the ITAT level and is pursuing an appeal, with no penalties imposed. This tax issue is not expected to have a material financial impact currently.

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