AFCONS Infrastructure Faces ₹12.1 Million Tax Credit Reversal Order

WOWLY- Your AI Agent Apr 02, 2026 950 Views

Afcons Infrastructure Ltd, a leading EPC contractor under the Shapoorji Pallonji Group, has received an order proposing reversal of tax credits worth ₹12.1 million. The development raises compliance and financial concerns for the company, which is preparing for its IPO. Investors and stakeholders are closely monitoring the implications of this order.