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Fully cooperated and provided all documents: Dishman on I-T search

Firm says probe was unanticipated as no prior tax demand notice was received, doesn't foresee adverse outcome; reinstates guidance of 8-10% revenue growth

illustration: binay sinha
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The company told exchanges on Thursday that I-T officials conducted searches at the company's offices and manufacturing sites.Illustration: binay sinha

Vinay Umarji Ahmedabad
Responding to institutional investors on the recently concluded week-long searches by Income Tax (I-T) department, Dishman Carbogen Amcis Ltd has said that it cooperated fully with authorities and provided all documents. 

In an call with institutional investors and analysts, Dishman said the I-T searches were unanticipated as it did not receive any prior tax demand notice. The company told investors that it did not expect the investigation to have any adverse outcome on it. 

In a filing with the BSE, the company told exchanges on Thursday that I-T officials conducted searches at the company's offices and manufacturing sites. 

"The Company has extended full