Religare Enterprises has informed that subsidiary companies of Religare Enterprises (REL/Company) are in receipt of the orders from the GST Authorities as details follows: Religare Housing Development Finance Corporation (RHDFCL), a step down subsidiary company received order dated December 30, 2023 (uploaded on the GST portal on January 05, 2024) passed by GST department -Karnataka for FY 2017-18 for levying the penalty of Rs 20,000; Religare Broking (RBL), a wholly owned subsidiary company received demand orders for FY 2017-18 (details mentioned in Annexure-1), passed by Goods and Service Tax Authority in the state of Kerala, Odisha and Uttarakhand, levying the penalty aggregating to Rs 84,008; Religare Commodities (RCL), a step-down wholly owned subsidiary company received demand order dated December 28, 2023 for the period FY 2017-18 to 2019-20, passed by the Goods and Service Tax Authority in the state of Maharashtra, levying the penalty of Rs 19,047. The above companies are in the process of determining further steps post checking the veracity of the demand raised in the aforesaid orders. The details as required in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are enclosed as Annexure - I.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
Bajaj Finserv | 1581.80 |
Paul Merchants | 894.90 |
Data Infrastructure | 140.10 |
IIFL Finance | 398.90 |
Embassy Office Parks | 352.20 |
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