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The company has reported receiving a demand from the Excise Department for export fees on denatured alcohol.
Sir Shadi Lal Enterprises Ltd532879 · Filed with the exchange
This claim, stemming from previous years' operations, totals Rs. 7.09 crore and follows a Supreme Court ruling affirming the State's authority to regulate industrial alcohol.
The company is actively challenging this demand through its Industry Association.
This development signifies a potential financial obligation, and its resolution will be important for investors monitoring the company's financial health and the regulatory landscape for its alcohol business.
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