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Bansal Wire Industries legal & regulatory announcements

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12:32 IST BSE
Legal & RegulatoryBansal Wire Industries Ltd BANSALWIRE

Bansal Wire Industries Legal & Regulatory

Bansal Wire Industries' subsidiary, Bansal Steel & Power, received a Delhi High Court order quashing income tax demands totalling ₹8.88 Crore. The court applied the 'clean slate theory' to set aside pre-Resolution Plan claims. The company confirms this ruling has no financial impact but reaffirms its strong compliance framework.

Value
₹8.88 Cr