Dalmia Bharat Limited's subsidiary, DCBL, received a favorable order from the Additional Commissioner of CGST (Appeals), Patna, waiving a ₹0.12 Crore penalty. The penalty was originally imposed for GST matters relating to FY 2017-18. Consequently, there will be no financial impact on the company.
Dalmia Bharat Limited's subsidiary, DCBL, obtained an ED order releasing its attached land parcels after submitting a ₹92.52 Crore bank guarantee. This follows a PMLA Tribunal order reducing the alleged 'Proceeds of Crime' from ₹793.34 Crore to ₹92.52 Crore. The company is appealing the remaining alleged amount.