Balkrishna Industries Restricted Wednesday knowledgeable that the Revenue Tax Division is conducting a search at its workplace premises and manufacturing models.
Balkrishna Industries or BKT by means of its regulatory filings on BSE (Bombay Inventory Alternate restricted) has declared that the search began at 6:00 am on March 11, 2024 remains to be happening.
The disclosure is in alliance with Regulation 30 of the SEBI (Itemizing Obligations and Disclosure Necessities) Rules, 2015, the place it was said that the corporate is absolutely cooperating with the authorities, offering them with all mandatory info and assist.
The corporate additional added to its regulatory filings that it adheres to the very best requirements of moral conduct and authorized compliance.
The 30 yr outdated Balkrishna Industries manufactures tyres for a variety of specialist sectors, together with the agricultural, development, earthmoving, port and mining industries. BKT has distribution companions in over 160 international locations on 5 continents.