Eternal Limited has informed the exchange regarding the order received from Deputy Commissioner, State Tax, Lucknow, Uttar Pradesh
ETERNAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Eternal Limited (formerly Zomato) has informed the stock exchange about receiving an order from the Deputy Commissioner of State Tax in Lucknow, Uttar Pradesh. The filing only discloses that the order has been received, without sharing details about the amount involved, the specific tax period under question, or the company's response. State tax orders like these are typically related to GST or VAT assessments and may demand additional tax payments, interest, or penalties. Investors will need to wait for further details on the financial impact, if any.
The immediate impact on shareholders is unclear without the order's financial quantum. State tax orders are routine compliance matters, but if the amount demanded is material, it could affect short-term sentiment. Investors should watch for follow-up disclosures detailing the demand amount and the company's legal response.