Company Disclosure under SEBI Listing Regulations

Key Details of the Notice

  • Authority: Kenya Revenue Authority
  • Branch Location: Kenya
  • Tax Type: Profit Repatriation Tax (PRT)
  • Assessment Period: Financial year 2024
  • Components Demanded: PRT amount, interest, and penalty
  • Penalty Amount: KES 11,070,578 (approximately INR 80.95 lakhs)
  • Allegation: Non-payment of PRT for FY 2024

Timeline and Receipt

  • Notice Receipt Date: 15th June, 2026
  • Receipt Time: Approximately 01:20 PM (IST)
  • Disclosure Date: 16th June, 2026

Company Response and Impact Assessment

  • Company Intent: Plans to file objections against the assessment notice within prescribed timelines
  • Financial Impact: The company states the penalty "does not have any significant impact on the Company"
  • Operational Impact: No significant operational impact disclosed

Authentication

  • Signing Date: 16th June, 2026
  • Signing Time: 12:14:49 +05:30