DIC India LimitedDICINDNSE
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactPendency of Litigation(s)/dispute(s) or the outcome impacting the Company. department involving demand of INR 5,54,65,222/- (GST - INR.3,43,76,114/- + Interest – INR 2,10,89,108/-). been reduced to INR 4,67,740/- (GST – INR 2,89,763/- + Interest – INR 1,43,857/- + Penalty – INR 34,120/-) in the final.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
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Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%