Max Estates Limited ( (IN:MAXESTATES) ) has provided an update.
Max Estates Limited has announced the receipt of an order from the GST Department, Noida, under the Central Goods and Services Tax Act, 2017, demanding a total tax including penalties amounting to INR 3.31 crore for the fiscal years 2017-18, 2018-19, and 2019-20. The company asserts that this order will not have a material impact on its financial or operational activities and plans to challenge the decision through legal channels, indicating confidence in its legal position.
More about Max Estates Limited
Max Estates Limited operates in the real estate industry, providing real estate development services with a focus on commercial and residential properties. The company is positioned in the market with a presence in key locations such as Noida and New Delhi, India.
YTD Price Performance: -5.82%
Average Trading Volume: 8,910
Current Market Cap: 85.11B INR
For a thorough assessment of MAXESTATES stock, go to TipRanks’ Stock Analysis page.