Revocation letter issued by GPCB for GLS Ankleshwar facility.
Glenmark Life Sciences Limited.cdr (bseindia.com)
GPCB has imposed an interim Environmental Damage Compensation of Rs. 15,00,000 which was paid by the company.
Posts in category Value Pickr
Godawari Power – Any Trackers? (14-08-2024)
So no retrospective impact and we dont know if prospective impact will be there or not.
So till the time chattisgarh implements new taxes, gpil should have an edge over other mining company which are based in odisha or jharkhand.
Borosil Limited (14-08-2024)
Excellent Q1. Glassware performance is spectacular.
Gabriel India Ltd. – Shock free ride? (14-08-2024)
Stellar Q1 with improved margins. Exports are yet to pick up. After market revenue is gaining momentum. GIL is riding in the fast lane.
Sandur Manganese Stock Story (14-08-2024)
As far as I know, no retrospective impact on Sandur. Any fresh rulings, if passed, will apply prospectively.
Godawari Power – Any Trackers? (14-08-2024)
Retrospective is very nasty. In GPIL’s case it is not a retrospective.
Godawari Power – Any Trackers? (14-08-2024)
Impact of SC Judgement on Godawari Power and Ispat Ltd (GPIL) to allow state to collect dues on royalty on minerals from April’2005
- Chhattisgarh State Government has never to date levied tax on Mining. There is no act imposing tax on mining in the state of Chhattisgarh.
- Odisha and Jharkhand’s State Government came out with an Act to impose tax on mining in 2005. So against that, mining companies went to court stating State has no power to levy Tax. The matter has been pending since then and now finally Supreme Court has decided that the State has power and can collect tax. Tax collected by them is Constitutional. So companies will have to pay the tax that they were supposed to pay from 2005.
- Now, Chhattisgarh State Government can also come up with the Act to levy Tax like Odisha and Jharkhand Government. This will be levied from now onwards – can’t be retrospective if Chhattisgarh Government wants to do so. But nothing is there as of now for mining companies in Chhattisgarh.
- So as of now, there is no impact on GPIL or any company that does mining in Chhattisgarh State.
SWAN ENERGY LIMITED (SEL): The company focussing on sectors with strong tailwinds (14-08-2024)
Q1 Consolidated Results:
Thanks to Takshi
Piccadily Agro Industries Ltd (14-08-2024)
COSTCARD_24_25.pdf (uttrakhandexcise.org.in)
EDP refers to ex-distillery price – the price at which the manufacturer sells
You can also see the price which we pay at the shop which changes from state to state.
The difference between the two goes into state government’s pockets.
Company/Equity Research using NSE/BSE website (14-08-2024)
kindly post comments regarding maneuvering through NSE/BSE websites and how to do data mining.