Dhampur Bio Organics Limited — Others, 02-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
02-08-2025 | 01:50 pm
02-08-2025 | 01:50 pm
Dhampur Bio Organics has received an interim stay from the Lucknow Bench of the Allahabad Court concerning a dispute with the Excise Department. The dispute pertains to a demand for import/export fees on denatured spirit for the period from FY 2018-19 to FY 2024-25. The company calculated the aggregate amount for this claim at Rs. 14.17 crore. Despite this, Dhampur Bio Organics does not anticipate any material financial or operational impact from the matter, with the interim stay offering relief on this potential liability.
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