Subsidiary Mahadhan AgriTech gets about Rs 19.58 crore tax demand
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Wholly owned subsidiary Mahadhan AgriTech received a demand order of about Rs 19.58 crore from the Deputy Commissioner of Income Tax under section 170A for assessment year 2022-23. Order received on 25 December 2025. The company states there is no material impact on financials. It notes that similar disallowances were earlier deleted by ITAT and expects to succeed in appeal. Mahadhan AgriTech plans to challenge the order.
Tax demand of about Rs 19.58 crore on subsidiary. Company says no material impact and plans to appeal. Limited near-term effect expected.