Dalmia Cement: A big news is coming out regarding Dalmia Bharat’s subsidiary Dalmia Cement (Bharat) Limited (DCBL). It is being told that the company has received two show cause notices totaling Rs 266.3 crore from the Sales Tax Office.
Why was the notice sent to the company?
According to a regulatory filing by Dalmia Bharat, these notices have been issued by the concerned Sales Tax Officer Lalgudi, Tiruchirappalli, Tamil Nadu for AY 2019-20 and AY 2022-23 under Section 74 of the Central GST/Tamil Nadu GST Act 2017. For assessment year 2019-20, the authorities have demanded tax of Rs 128.39 crore and penalty of Rs 19.25 crore. In the show-cause notice for 2022-23, tax of Rs 59.32 crore and equal penalty has been demanded.
There will be no financial impact
It said that this is related to some differences observed in the taxable turnover and ITC amount for assessment years 2019-20 and 2022-23. The company said, it had received these orders on November 28, 2025 and said that it will not have any financial impact on DCBL. Dalmia Bharat, started in 1939, is the fourth largest cement manufacturing company in India, with an installed capacity of 49.5 million tonnes every year.
Share will remain in focus
Shares of Dalmia Cement may remain in focus on Monday. It is possible that this news may have an impact on the stock. On Friday, the last trading day of last week, shares of Dalmia Cement slipped by 0.44 percent and closed at Rs 2009.25. This cement stock has declined by 14.57 percent in the last 3 months. However, so far this year the stock has gained 13.38 percent. At the same time, it has increased by more than 10 percent in the last one year. The 52-week high level of Dalmia Cement is Rs 2,495.95 and low level is Rs 1,602.
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