Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Regulations, 2015, this is to inform you that the Company has received an Order from the Office of the Deputy Commissioner of State Tax, Mumbai Audit Zone III 504, Mazgaon, Mumbai.
BRITANNIA · price
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Awaiting price reaction for this filing.
Britannia Industries has disclosed, under SEBI Listing Regulations, that it has received an order from the Office of the Deputy Commissioner of State Tax, Mumbai Audit Zone III (Mazgaon, Mumbai). The full details of the order — including the amount, nature of demand, or whether it is adverse or favorable to the company — have not been specified in the filing headline. State tax orders typically relate to GST/VAT assessments or demands raised during audits. Shareholders would need to review the full order text to understand the financial implication. No immediate impact on operations or business has been indicated.
The financial impact on shareholders is unclear without order details. If it involves a tax demand, it could lead to a minor one-time outflow; if favorable, it could relieve a potential liability. Investors should watch for further disclosures with quantified numbers.