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Updater Services’ Subsidiary Faces GST Order, Plans Legal Appeal

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Updater Services’ Subsidiary Faces GST Order, Plans Legal Appeal

Updater Services Limited ( (IN:UDS) ) has issued an update.

Updater Services Limited has announced that its subsidiary, Avon Solutions & Logistics Private Limited, has received an order from the Office of Assistant Commissioner Bhabanipur, Kolkata, for a sum of Rs. 1,44,263 under section 73 of the GST Act. The company is exploring legal options and intends to file an appeal, believing there will be no significant financial impact on its operations.

More about Updater Services Limited

Updater Services Limited, formerly known as Updater Services Pvt Ltd, is a company engaged in providing business services. It operates from Chennai and focuses on redefining business services with a commitment to values such as happiness, clear purpose, continuous improvement, doing good, and maintaining balance.

YTD Price Performance: -4.85%

Average Trading Volume: 30,301

Current Market Cap: 23.82B INR

Find detailed analytics on UDS stock on TipRanks’ Stock Analysis page.

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