Tirupati Sarjan Limited filed a clarification to BSE explaining delay in disclosing income tax demand notices under SEBI LODR.
The company received four income tax demand notices totaling ₹18.13 crore for AY 2016-17 to 2020-21.
Delay was due to shared email oversight during financial year-end closing and intervening holidays.
Company is appealing the demands with no quantified penalty impact disclosed.