Date: October 15, 2026
Regulatory Disclosure Details
Nature of Regulatory Action
- The Income Tax Department conducted a survey under Section 253 of the Income Tax Act, 2025 at the company's registered office on October 14, 2026.
- The survey was regarding alleged non-filing of SFT (Statement of Financial Transaction) returns in Form 61A.
- During the survey, no material was found that required impounding or inventorization by the authority.
Communication Details
- The Record of Survey Proceedings was received on October 15, 2026, at 10:52 am.
- The authority is the Income Tax Department.
Financial and Operational Impact
- The company states there is presently no impact on its business operations due to the survey.
- No quantifiable monetary impact has been identified at this time.
- No penalties or restrictions have been imposed as a result of the survey.
Company Response and Actions
- The company extended full cooperation and support to the income tax officials during the survey.
- Company representatives appeared before the department on October 15, 2026.
- The company has sought time to review the alleged non-filing of SFT returns in Form 61A and take necessary steps accordingly.
Compliance Officer Certification
- Meghna Saini, Company Secretary, Compliance Officer & Head-Legal, has certified that the information provided is true, correct and complete to the best of her knowledge and belief.