JK Tyre & Industries Limited (JKTYRE)
Action(s) taken or orders passed
JK Tyre received an order from Collector Stamps, Rajasthan regarding stamp duty payment for amalgamation with Cavendish Industries. The order requires payment of stamp duty plus surcharges, penalty, and interest of Rs 2 Crore each. The company is paying the stamp duty but plans to appeal for waiver of penalty and interest, believing it has a strong case. No financial impact expected from the order.
Source: Original filing PDF
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🚨 JKTYRE — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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