Aspinwall and Company Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

The Hon'ble Supreme Court of India dismissed Aspinwall and Company's Civil Appeal No. 7796 of 2012 on April 13, 2026. The dispute concerned the company's claim to set off accumulated losses of The Pullangode Rubber & Produce Co. Ltd. (amalgamated in 2006) against its agricultural income under the Kerala Agricultural Income Tax Act, 1991. The Supreme Court ruled that such set-off is not permissible under the Act. The financial implication is estimated at ₹58 lakhs plus applicable interest. The company has already made adequate provisions for this liability and expects the cash outflow to be adjusted against pending tax refunds, resulting in minimal net cash impact.