Disclosure Under Regulation 30
DELTACORP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Delta Corp Limited and its subsidiary Highstreet Cruises and Entertainment Private Limited received notices for alleged short payment of tax. The company had disclosed these notices earlier on March 18, 2026. Now, the Hon'ble Supreme Court of India has passed an order staying all further proceedings related to these tax notices. The stay will remain in effect until the final disposal of SLP(C) Nos. 19366-19369/2023 and all tagged matters. The order was passed on April 30, 2026, and the company filed this disclosure on May 1, 2026.
Positive for shareholders as the Supreme Court stay temporarily protects the company from further action on the tax notices, providing legal relief while the main case is pending.