Date: 30-10-2026
Legal / Strategic Updates
The company successfully appealed against income tax demands totaling ₹109.74 Crores, which consisted of three components: ₹100.61 Crores, ₹6.53 Crores, and ₹2.60 Crores.
The appeal resulted in a significant reduction of the total demand to ₹6.89 Crores, representing a net reduction of ₹102.85 Crores from the original demand.
The communication was signed by R. Jayachandran, Managing Director, and addressed to the National Stock Exchange of India Limited.