CG Power and Industrial Solutions Ltd

📄 CG Power Receives Revisionary Tax Order for FY 2022-23

• Original tax demand: ₹188.79 Cr (Feb 28, 2024 order)

• Revisionary order adds ₹21.43 Cr disallowance for unabsorbed depreciation

• Stay application accepted - partial payment of ₹4.89 Cr required

• Balance tax amount stayed pending appeal outcome

• Company evaluating order and preparing appeal