BIRLASOFT LIMITED has informed the Exchange about Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Action(s) initiated or orders passed
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Birlasoft Limited has informed stock exchanges that its US Branch received a penalty notice from the US Department of the Treasury, Internal Revenue Service (IRS). The penalty of USD 25,000 was levied for failure to provide required information about the US Branch for FY 2024-25. The notice was received on February 26, 2026. The company clarified that it has already filed the required forms and provided the necessary information to the IRS. Birlasoft is in the process of filing an application seeking revocation of the penalty. The company has stated there is no material impact on its financials, operations, or other activities.
The penalty amount is negligible relative to Birlasoft's overall business and the company is actively contesting it, so shareholders are unlikely to see any meaningful impact on financials or stock price.