ABD Subsidiary Tax Liability Reduced to Zero

Allied Blenders subsidiary ABD Dwellings receives order completely eliminating ₹16.16 crore income tax liability.
Order dated April 22, 2026 implements Commissioner of Income-tax (Appeals) decision received at 11:02 PM.
Disclosure made under SEBI Listing Regulations regarding material tax litigation development.
Update represents favorable resolution of previously disclosed tax proceedings against subsidiary.