Continental Chemicals Ltd — Important, 01-10-2025: Company Update
01-10-2025 | 03:22 pm
01-10-2025 | 03:22 pm
Continental Chemicals Limited has received a notice from the Deputy Commissioner of State Tax concerning an IGST matter. The notice details a total tax, interest, and penalty of Rs. 562,126.00 (approximately 0.056 Cr). This represents a direct financial implication for the company. Management is currently seeking legal advice to understand the implications and determine the necessary steps. The company has stated it will take appropriate action and keep the stock exchange informed of future developments regarding this matter, ensuring transparency for investors.
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