Welspun Corp today said it has received tax demand notice of Rs 100 crore in respect of a manufacturing unit in Anjar, Gujarat.
The demand notices from the Assistant Commissioner of Commercial Tax, Gandhidham, pertains to a period between February 1, 2014 to September 30, 2015, in respect of a manufacturing unit at Anjar (Gujarat), Welspun Corp said in a BSE filing.
The demand notice of Rs 100.46 crore includes tax amount of Rs 37.53 crore, and interest and penalty amount of Rs 62.9 crore.
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Welspun Corp shares today closed 2.87 per cent down at Rs 110 apiece on BSE.