Corporate

Grasim challenges Rs 5,872 crore salary charge request before HC, gets remain from recuperation

Grasim Industries Monday said it has challenged the Rs 5,872.13 crore salary charge demand regarding its merger with two Aditya Birla amass firms under the watchful eye of the Bombay High Court, which has allowed remain against the recuperation. The organization has organization has battled under the watchful eye of the High Court that request was completely unsustainable in law and the Income Tax office has looked for time to record answer, Grasim Industries said in a BSE documenting. The Company has gotten request dated March 22, 2019 from the Bombay High Court. The Bombay High Court, while allowing time to the Department for documenting answer, has conceded remain against the recuperation of interest, it said.

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