Fine Organic Industries Limited has informed the Exchange about Action(s) taken or orders passed

FINEORG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-3.2%1-day move

₹4775.00

prior close

₹4745.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.6+0.6+0.8+0.2-3.2-4.1-4.2-2.6-2.0-2.4-3.7-3.4+11.5—

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AI summary

Fine Organic Industries has disclosed receiving an income-tax assessment order from the Assessment Unit, Income Tax Department. A tax demand of Rs. 56,05,773 (approximately Rs. 56 lakhs) has been raised for Assessment Year 2016-17 under Section 271(1)(c) of the Income Tax Act, 1961. The company received this order on March 10, 2026. The company has filed an appeal against the order and states there is no material impact on its financials, operations, or other activities. The disclosure was delayed, which the company attributes to analysing the significance and maintainability of the notice.

Likely market impact

The financial impact appears limited at Rs. 56 lakhs, and the company has filed an appeal, suggesting it disputes the demand. This is a routine tax assessment matter rather than a serious regulatory concern.