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Sir Shadi Lal Enterprises LtdUpdates, 01-08-2025: Company Update

01-08-2025 | 08:38 pm

The company has reported receiving a demand from the Excise Department for export fees on denatured alcohol. This claim, stemming from previous years' operations, totals Rs. 7.09 crore and follows a Supreme Court ruling affirming the State's authority to regulate industrial alcohol. The company is actively challenging this demand through its Industry Association. This development signifies a potential financial obligation, and its resolution will be important for investors monitoring the company's financial health and the regulatory landscape for its alcohol business.

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