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Kolte-Patil Developers legal & regulatory announcements

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21:14 IST BSE
Legal & RegulatoryKolte-Patil Developers Ltd KOLTEPATIL

Kolte-Patil Developers Legal & Regulatory

Kolte-Patil Developers received a GST demand order of ₹58.23 Crore (including interest and penalties) for FY 2019-20 from Maharashtra state tax authorities. The company believes the demand is arbitrary and unsustainable, and plans to take appropriate legal action. No material impact on financials or operations is currently expected.

Value
₹58.23 Cr