Date: October 01, 2026
Board Meeting Outcomes
Not Specified
Financial Results
Not Specified
Dividend Declaration
Not Specified
KMP / Board / Auditor Changes
Not Specified
Auditor’s Report
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
Tax Rectification Order Details:
- The company received a Rectification Order dated July 8, 2026, passed under Section 154 of the Income-tax Act, 1961
- The order was issued by the Centralized Processing Centre, Income Tax Department, Bengaluru
- Pertains to Assessment Year 2015-16
- Issued in the name of erstwhile Amarjyot Chemical Limited (ACL), which was amalgamated with Valiant Organics Limited effective April 19, 2019
- The order determines a net amount payable of ₹22,15,080
- The order rectifies a previous computation error where a refund of ₹6,65,470 issued earlier was not considered and an incorrect addition had been made to total income due to technical issues
- No separate violation, contravention, penalty, restriction or sanction has been alleged or imposed under this Rectification Order
Company Response:
- The company is examining the order and will take such appropriate steps as may be advised
- The company will continue to monitor the matter and any material development will be reported in accordance with Regulation 30 of SEBI Listing Regulations
- May be disclosed through quarterly Integrated Filing (Governance) under "Disclosure of Updates to Ongoing Tax Litigations or Disputes"
Timeline:
- Order dated: July 8, 2026
- Physical copy received: October 01, 2026 at 12:30 PM
- Disclosure made: October 01, 2026
Reason for Delayed Intimation:
The company had not received any formal email communication in relation to the order and the same could not be traced/accessed on the Income-tax e-filing portal at the relevant time.