Consolidated: Received demand notices amounting to ₹17,932.61 lakh under section 156 of Income Tax Act for AY 2011-12 to 2020-21. Appeals filed with appropriate authorities. Legal opinion states demand is not tenable.
Standalone: Received demand notices amounting to ₹16,470.46 lakh under section 156 of Income Tax Act for AY 2011-12 to 2020-21. Appeals filed with appropriate authorities. Legal opinion states demand is not tenable.
Significant Accounting Entries:
Consolidated: Written back trade payables of ₹1,084.17 lakh recognized as other income. Written off non-recoverable trade receivables of ₹1,312.65 lakh recognized as other expense.
Standalone: Written back trade payables of ₹865.90 lakh recognized as other income. Written off non-recoverable trade receivables of ₹1,285.39 lakh recognized as other expense.
Property Purchase:
Payment of ₹5,393.00 lakh made for purchase of immovable property from a related party included in Other Non-Current Assets. Legal title of property yet to be transferred as of reporting date.
Right Issue:
Alankit Imaginations Limited (wholly-owned subsidiary) issued 3,50,000 fully paid-up equity shares at ₹750 per share (face value ₹10, premium ₹740) by way of right issue fully subscribed by holding company during Q4 FY26.
Exceptional Items:
Q4 FY25: Settlement amount of ₹592.26 lakh to a vendor as per consent terms of commercial dispute determined under arbitration.
Labour Codes:
Government of India notified four labour codes effective from November 21, 2025. Company has evaluated incremental liability which is not material to financial results. Assessment of other potential impacts is in process.
Capital Structure Impact
Consolidated paid-up share capital remains unchanged at ₹2,711.58 lakh
Standalone paid-up share capital remains unchanged at ₹2,711.58 lakh
Right issue in subsidiary increased its capital but did not affect parent company's capital structure
