Adani Green Energy Limited ( (IN:ADANIGREEN) ) has provided an announcement.
Adani Green Energy Limited has received an order from the Office of Joint Commissioner of Central Tax, Lucknow, alleging excess availment of input tax credit for the fiscal year 2020-21, amounting to Rs. 3.59 crores, including a penalty of Rs. 32 lakhs. The company is currently reviewing the order and exploring options to contest the demand, including filing an appeal, and believes there is strong merit in its case. Despite the order, Adani Green Energy Limited states that there is no material impact on its financial, operational, or other activities.
More about Adani Green Energy Limited
Adani Green Energy Limited is a prominent player in the renewable energy sector, focusing on the development, construction, and operation of solar and wind energy projects. The company is part of the Adani Group, which is known for its diversified business interests across various industries.
YTD Price Performance: -19.71%
Average Trading Volume: 385,810
Current Market Cap: 1331.1B INR
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