Saurashtra Cement Limited
Saurashtra Cement Limited has made a regulatory disclosure pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. SEBVHO/CFD/PoD2/CIR/P/0155 dated 11th November 2024.
Nature of Disclosure: The company has received an appellate order from the Commissioner of Income Tax (Appeals), National Faceless Appeal Center (NFAC).
Details of Order:
- The order was passed under Section 250 of the Income Tax Act
- Date of order: 10th July 2026
- Date of receipt: 11th July 2026
- Assessment Year: 2020-21
- Outcome: The company's appeal was partly allowed
Financial Impact: The company explicitly states that "there will be no any additional financial impact on the company due to this Appellate order."
Company Action: The company is filing a second appeal before the Income Tax Appellate Tribunal, Rajkot against the CIT(A) appellate order received.
Regulatory Compliance: The disclosure was made to both BSE Limited and National Stock Exchange of India Limited, and the information has been uploaded on the company's website at https://scl.mehtagroup.com/sebi-regulations-disclosures.