This led to a VAT demand of Rs 98 lakh (including a Rs 12,000 penalty) and CST demand of Rs 5 crore (including a Rs 2,000 penalty)
The focus of the JV will be on marketing these eco-friendly products in specified regions
Grasim had previously committed an investment of Rs 10,000 crore to establish its paints business
August 2023 marked the fifth consecutive month that the WPI inflation has been in the negative.
The IPO comprises a fresh issuance of shares valued at Rs 1,200 crore and an offer-for-sale of 1.35 crore shares.
Indian Rupee Edges Slightly Lower, Closes at 83.03 Against the US Dollar
The firm plans to raise Rs 602 crore via fresh issue and an offer for sale of up to 12.18 million shares from its promoters and existing shareholders.
The price range for this offering, which will conclude on September 18, is set at Rs 156-164 per share.
Established in 2018 by Prabhat Agrawal and Prem Sethi, Entero Healthcare claims a spot among the top three healthcare products distributors in India, based on its FY22 revenue.
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