Grasim Industries Legal & Regulatory
Grasim replied to exchange queries on a news item. The Bombay HC quashed the Rs 329 crore reassessment notice, with no demand or financial impact.
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Grasim replied to exchange queries on a news item. The Bombay HC quashed the Rs 329 crore reassessment notice, with no demand or financial impact.
Grasim Industries disclosed a search by Customs authorities at its Cellulosic Staple Fiber unit in Nagda. The company reported no material financial or operational impact.
The NCLAT set aside a ₹301.61 Crore penalty previously imposed on Grasim Industries by the Competition Commission of India regarding its VSF business. The matter has been remanded to the CCI for a fresh hearing. This ruling removes the immediate financial liability and behavioral directions previously imposed on the company.