HCL Infosystems Receives ₹26.35 Crore VAT Refund

HCL Infosystems received a ₹26.35 crore VAT refund from Rajasthan authorities for tax periods 2009-10 and 2011-12.
The refund pertains to a pre-deposit on the taxability of batteries sold with mobile phones in composite packs.
This intimation is a mandatory disclosure under SEBI LODR Regulation 30.
The receipt improves the company's cash position by the refunded amount.