Kesoram Industries Ltd

📉 Kesoram Industries Sees Tax Demand Drop from ₹70.54 Cr to ₹6.03 Cr

- Initial income tax demand for Assessment Year 2024-25 was ₹70.54 Crores.

- Company contested the demand before appropriate authority.

- Tax demand reduced significantly to ₹6.03 Crores.

- Evaluating further legal remedies for remaining ₹6.03 Crores demand.

- No material adverse impact on company operations reported.