CARRARONSECarraro India LimitedMediumNegative
Announced Mon, 19 Jan · 17:58 IST

Carraro India Limited has informed the Exchange about receipt of Order Giving Effect ( OGE ) from the Office of the Dt. Commissioner of Income-tax, Circle-1(1) Pune

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Carraro India Limited has informed the exchange that it has received an Order Giving Effect (OGE) from the Office of the Deputy Commissioner of Income-tax, Circle-1(1), Pune. This type of order is typically issued by the tax department to give effect to a direction or ruling, such as the outcome of an appeal or assessment. The filing does not provide specific details on the quantum of tax involved, whether it is favorable or unfavorable to the company, or the financial impact. Shareholders would need to monitor further disclosures or the company's financial statements for details on any tax outflow or refund.

Likely market impact

Since the nature and quantum of the order are not disclosed, there is no immediate clear impact on shareholders. Any significant tax demand or relief could affect the company's financials once details emerge.