Delhivery Limited has informed the Exchange about Action(s) initiated or orders passed
DELHIVERY · price
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Awaiting price reaction for this filing.
Delhivery has received an order under Section 271(1)(c) of the Income Tax Act, 1961, imposing a penalty of about Rs. 1.37 crore (Rs. 1,36,95,768). The demand relates to disallowance of certain expenses of around Rs. 3.96 crore (INR 3,95,73,995) pertaining to financial year 2015–16. The order was dated June 28, 2025 and was received by the company on June 29, 2025. The company has stated it will contest the matter before the appropriate authority and clarified that the order has no material impact on its financials, operations, or other business activities.
The penalty amount is small relative to Delhivery's overall scale and pertains to a vintage FY 2015–16 issue. The company has flagged it as non-material and plans to contest, so the near-term impact on shareholders or the stock price is expected to be limited.