Finolex Industries has informed that the Company has received an order dated 30th November, 2023 from Joint Commissioner of CGST, Pune - I Commissionerate, Pune on 5th December, 2023 to pay tax of Rs 3,15,63,781 along with penalty of R 31,56,378 under Section 122(2) and interest as applicable under Section 50(3) of the Central Goods and Services Tax Act, 2017 (CGST Act 2017). The details / information required pursuant to Regulation 30 of SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023 is enclosed as Annexure A.
The above information is a part of company’s filings submitted to BSE.
