IT search at DCW Limited's premises

DCW Limited has announced that, search operation under the Income Tax Act, 1961 is being carried out by the Income Tax Department at the Company's Corporate Office, Registered Office, Factories and other premises of the Company. The Company has been fully cooperating with the officials and responding to the clarifications and details sought by them.

The manufacturing operations of the Company continue as usual and have not been impacted due to the search. We will update you on further material development in near future as and when the situation permits.

Shares of DCW Limited was last trading in BSE at Rs. 51.95 as compared to the previous close of Rs. 53.96. The total number of shares traded during the day was 273735 in over 1552 trades.

The stock hit an intraday high of Rs. 53.95 and intraday low of 51.72. The net turnover during the day was Rs. 14425997.00.

Source : Equity Bulls

Keywords

DCW INE500A01029 ITSearch