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| Exchange Disseminated Time | | With reference to the earlier letter dated January 23, 2014 informing about the order dated January 08, 2014 received from Commissioner of Central Excise, Raigad for Central Excise duty demand of Rs. 229.27 Crores and an equal amount of penalty and interest at appropriate rate on demand amount of Central Excise, Century Enka Ltd has now informed BSE that the Company has filed an appeal against the order before the Hon'ble Customs, Excise & Service Tax Appellate Tribunal (CESTAT), West Zonal Bench (Mumbai). The Hon'ble (CESTAT) has passed an order on September 12, 2014 (received by the Company's Advocates on September 30, 2014) to grant stay against the demand and admit the appeal on a pre deposit of Rs. 7 Crores before November 18, 2014. |
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