Physicswallah Tax Demand Reduced to ₹192.76 Crore

Physicswallah Limited disclosed a regulatory update under SEBI Listing Regulations regarding a reduced tax demand.
The company received a rectification order on April 13, 2026, lowering the income tax demand from ₹263.34 crore to ₹192.76 crore.
An appeal has been filed with Commissioner (Appeals), and no material financial impact is expected per the disclosure.
This follows an earlier intimation on March 18, 2026, about the initial tax assessment order.