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News 2026-09-24 09:06 UTC

BUZZ — Sapphire Foods India falls on notice from tax authority

* Shares of Sapphire Foods India fall as much as 3.8% to 222.68 rupees; lowest intraday change since August 28 * Stock last down 3.7% to 222.71 rupees * Restaurants and bars co received tax show cause notice for 5.17 billion rupees ($53.88 million) from Chennai tax authority * Co received tax notice for wrongly availed