Accelya Solutions India Limited has informed the Exchange about Action(s) initiated or orders passed

Accelya Solutions India has received an income tax order from the Assessment Unit for financial year 2022-23, resulting in a tax demand of Rs. 1,749.08 lakhs (about Rs. 17.49 crore) on certain additions and disallowances. Alongside this, the company has also received a show cause notice under section 270A of the Income Tax Act, which typically relates to penalty proceedings for under-reporting of income. The company has stated that it will file an appeal against the order and submit a reply to the show cause notice through the appropriate authorities. Management has clarified that they do not expect any material impact on the company's financial position or operations from this order.