Welspun Enterprises Unit Gets Tax Demand, to Appeal

Welspun Enterprises' subsidiary received a tax demand of ₹33.34 crore for FY 2023-24, which the company is contesting.
The company has received a tax demand notice from the Income Tax Department for its subsidiary, Welspun Aunta-Simaria Project Private Limited.
The company is filing an appeal against the tax assessment order and does not foresee a material financial impact.