NSE/BSE Codes: BSE: 502175, NSE: SAURASHCEM
Summary of Key Information:
Nature of Event / Disclosure:
Regulatory disclosure pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 read with Para B of Part A of Schedule III. The company has received an appellate order from the Commissioner of Income Tax (Appeals).
Involved Parties / Authorities:
- Commissioner of Income Tax (Appeals), National Faceless Appeal Center (NFAC)
- Income Tax Department
- BSE Limited
- National Stock Exchange of India Limited
Date / Timeline of Event:
- Date of Order: 13th July 2026
- Date of Receipt of Order: 13th July 2026
- Date of Disclosure Filing: 14th July 2026
- Assessment Year: 2019-20
Brief Description of Outcome / Dispute:
The Commissioner of Income Tax (Appeals), NFAC passed an appellate order under section 250 of the Income Tax Act. The order partially allowed the company's appeal for assessment year 2019-20. The appeal was filed by the company against a previous income tax matter.
Impact of Outcome:
Financial Impact:
There will be no additional financial impact on the company due to this Appellate order. The disclosure explicitly states that the impact is quantifiable as nil additional monetary impact.
Operational / Business / Strategic Impact:
No material operational, business, or strategic impact disclosed. The company has not indicated any disruption to operations or changes to business strategy resulting from this order.
Other Implications:
No reputational, legal, regulatory, or market perception effects explicitly stated in the document.
Next Steps / Required Actions:
No specific next steps, compliance measures, or remedial actions are mentioned in the disclosure. The matter appears to be resolved at the appellate level with partial relief granted.