Company Disclosure
Details of Communication Received
- Type of Communication: Order from The Honourable High Court, Madras
- Date of Receipt: 1st July 2026
- Authority: The Honourable High Court, Madras
- Subject Matter: Arasur Panchayat Running Licence fees matter, which was previously disclosed in the Company's Annual Reports
Summary of Court Order Contents
The Honourable High Court, Madras has disposed of a Writ Petition related to license fees. The court directed that the old rate should be collected instead of the higher rate imposed by the local authority. Specifically, the order states that the payment of disputed due of ₹1.67 lakhs will not arise as per this directive.
Period Applicability
The communication is applicable for Financial Year 2026-2027.
Financial Implications
The company explicitly states that there is no material impact on the financials, operations, or other activities of the Company as a result of this order.
Compliance Status
No aberrations or non-compliances were identified by the authority in the communication. No penalty, restriction, or sanction was imposed pursuant to this communication.
Company Action
The Company will approach the local authority based on this court order to seek a refund, if any amount is eligible for refund under the terms of the order.