IT raids at offices of Poona Dal & Oil Industries Ltd

The Income Tax Department, pursuant to the provisions of Section 132 and Section 133A, of the Income Tax Act, 1961, conducted a search at the offices of Poona Dal & Oil Industries Ltd and the residence of the Managing Director, which concluded on the early morning hours of 9th April, 2017.

All the Directors, officers and the employees of the Company have provided the fullest co-operation to the Department to complete the enquiry. The Company has resumed its normal operations.

Shares of POONA DAL & OIL INDUSTRIES LTD. was last trading in BSE at Rs.27.85 as compared to the previous close of Rs. 27.5. The total number of shares traded during the day was 9680 in over 56 trades.

The stock hit an intraday high of Rs. 29.95 and intraday low of 25. The net turnover during the day was Rs. 259477.

Source : Equity Bulls

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