MoneyWorks4Me

Ambuja Cements has informed that the Company has received Orders from the Assistant Commissioner of State Tax, Ropar, Punjab levying penalty of Rs 28,76,095 and from Assistant Commissioner, CGST, Sankrail, West Bengal levying penalty of Rs. 6,10,877 passed under section 73 of Central Goods and Services Tax (CGST) Act, 2017. The Company is taking appropriate steps to appeal against the orders imposing the penalty before the appropriate authority. The details as required under SEBI Listing Regulations read with Circular no. SEBI/HO/CFD/CFDPoD-1/P-CIR//2023/123 dated July 13, 2023 are enclosed as Annexure I. The above disclosure is also available on the website of the Company www.ambujacement.com.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Ultratech Cement 10830.30
Ambuja Cements 384.05
ACC 1233.55
Shree Cement 21908.95
Dalmia Bharat 1690.00
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