The company has clarified on news report stating that the officials of Income-Tax Department have visited the company's Head Office and manufacturing sites.
Moneycontrol News
@moneycontrolcom
Share price of Divis Laboratories declined 6.5 percent intraday Friday after company confirmed about Income Tax raids conducted at company's offices in Telengana & Andhra Pradesh
The company has clarified on news report stating that the officials of Income-Tax Department have visited the company's Head Office and manufacturing sites in connection with search under Section 132 of the Income-Tax Act on February 14, 2019 and search enquiry is continuing.
After conclusion, the company will be able to update the stock Exchanges in case of any material information/ event, company added.
First Published on Feb 15, 2019 12:55 pm
