Orient Cement Limited — Important, 15-06-2025: General Updates

Orient Cement has announced a board meeting to consider the financial results for the quarter and half-year. The company received a revised Income Tax order for FY 2022-23, reducing tax demand sharply from Rs. 19.6 million to Rs. 0.05 million after rectifying transfer pricing adjustments. This substantially lowers the company’s tax liability, improving cash flow, though an appeal is planned.