Digitide Solutions Receives ₹19.76 Crore Tax Refund

Key Event

Digitide Solutions Limited received an intimation from the Centralized Processing Center (CPC), Income Tax Department, Bengaluru under Section 143(1) of the Income Tax Act, 1961. The intimation was for a refund of ₹19.76 crores for the Assessment Year 2025-26.

Quantitative Details

• Total Refund Amount: ₹19.76 crores
• Breakdown:
• Tax Refund: ₹18.38 crores
• Interest Amount: ₹1.38 crores

Timeline

• Date of Receipt: June 30, 2026
• Time of Receipt: 07:35 P.M.
• Date of Disclosure to Exchanges: July 01, 2026

Authority Details

• Name of Authority: Centralized Processing Centre, Income Tax Department, Bengaluru
• Nature of Order: Intimation under Section 143(1) of the Income Tax Act, 1961 for a refund.

Financial Impact

As per the disclosure in Annexure I, the company has explicitly stated: "There is no impact on the financial, operational, or other activities of the Company."

Additional Information

The disclosure was signed by Suraj Prasad, Chief Financial Officer. The intimation is also available on the company's website at https://www.digitide.com/investors/announcements/.