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Aarti Drugs Secures Favorable Court Ruling, Avoids IGST Liability

Story Highlights
  • Aarti Drugs Limited operates in the pharmaceutical industry, producing APIs and specialty chemicals.
  • The Bombay High Court set aside a CGST order, avoiding financial impact on Aarti Drugs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aarti Drugs Secures Favorable Court Ruling, Avoids IGST Liability

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Aarti Drugs Limited ( (IN:AARTIDRUGS) ) has shared an announcement.

Aarti Drugs Limited announced that the Bombay High Court has set aside an order previously issued by the CGST & C.Ex. Authority, which had demanded a significant IGST payment along with interest and penalties. This favorable court decision means there will be no financial or operational impact on the company, ensuring stability in its ongoing activities and maintaining its market position.

More about Aarti Drugs Limited

Aarti Drugs Limited is a company operating in the pharmaceutical industry, focusing on the production of active pharmaceutical ingredients (APIs), intermediates, and specialty chemicals. The company caters to both domestic and international markets, providing essential components for various therapeutic segments.

Average Trading Volume: 32,649

Technical Sentiment Signal: Buy

Current Market Cap: 44.85B INR

For an in-depth examination of AARTIDRUGS stock, go to TipRanks’ Overview page.

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