IFB Agro Industries Lodges Request for Investigation into Excise Interference in Liquor Business
IFB Agro Industries Limited has approached the Chief Secretary of the Government of West Bengal seeking an independent investigation concerning alleged illegal interference by Excise authorities regarding the company's liquor business operations.The representation filed by the company seeks to address ongoing issues related to the regulatory environment surrounding its liquor trade, emphasizing that these matters constitute material information relevant to the business operations of IFB Agro Industries Limited.
The company has stated that it will continue to keep stock exchanges duly informed regarding any subsequent developments in this matter, ensuring stakeholders remain updated on the progress of the investigation and associated legal activities.
IFBAGRO Stock Price Movement
Shares of IFB Agro Industries Limited slipped by 2.10% today, settling at ₹896.7 in post-market trading. The stock saw a total traded volume of 5,878 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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