Disclosure under Regulation 30 of SEBI LODR

Details of the Tax Demand

  • Authority: Income Tax Department, Assessment Unit
  • Assessment Year: 2018-19
  • Amount: ₹9,93,206 (Nine Lakh Ninety Three Thousand Two Hundred Six Rupees)
  • Reason: Demand order issued on account of disallowances of certain deductions claimed under various provisions of the Income Tax Act
  • Date of Receipt: 18th September, 2026 at 11:55 Hrs IST

Company's Response and Impact Assessment

The company is in the process of filing an appeal before the Commissioner of Income Tax (CIT) against the said order within the prescribed timelines.

According to the disclosure, the company believes it has adequate factual and legal grounds to reasonably substantiate its position in the matter. The company explicitly states that "there is no impact on financial operations or other activities of the Company" from this demand order.