Vedant Fashions Limited ( (IN:MANYAVAR) ) has issued an announcement.
Vedant Fashions Limited has received an Order-in-Original from the Office of the Assistant Commissioner, CGST and Central Excise, Kolkata, regarding the recovery of Input Tax Credit and penalties totaling ₹ 1,01,20,387 for the financial years 2017-2018 to 2019-2020. The company notes that except for the mentioned financial implications, there is no other impact on their operations, and they plan to review and take appropriate action concerning the order.
More about Vedant Fashions Limited
Vedant Fashions Limited operates in the fashion industry, focusing on ethnic wear. It is known for its brand ‘Manyavar’, which caters to the traditional and wedding apparel market in India.
YTD Price Performance: -24.65%
Average Trading Volume: 5,762
Current Market Cap: 232.9B INR
For detailed information about MANYAVAR stock, go to TipRanks’ Stock Analysis page.