Intimation under Reg 30 of SEBI (LODR) Regulations, 2015.
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Awaiting price reaction for this filing.
B.R.Goyal Infrastructure Ltd has disclosed to BSE that the Income Tax Department initiated a search proceeding at its registered office and multiple premises starting 16 January 2026, and the search is ongoing. The company stated it is fully cooperating with the tax authorities and providing the required information and documents. The filing was made under SEBI Listing Regulations to keep the stock exchange informed. The company has promised to update on any material impact or further developments as the situation evolves.
An ongoing Income Tax search typically creates uncertainty for shareholders and can weigh on the stock in the short term until the scope, findings, and any potential tax demand become clear. Investors should watch for further updates on potential financial or operational impact.