Please find enclosed intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HP Cotton Textile Mills Ltd has received a Notice of Assessment from the Excise and Taxation Officer-cum-Assessing Authority, Ward-6, Hisar on May 7, 2026. The notice pertains to alleged violations involving non-filing of periodical returns and non-payment of due tax for assessment years 2008-09 to 2014-15 under the Haryana Value Added Tax (HVAT) Act, 2003. The company has stated that the financial implications are not yet known and will be disclosed after the final tax liability is ascertained along with any interest and penalty. The company intends to submit necessary information and documents to contest the claims.
This is a tax compliance matter from a state authority, not a SEBI enforcement action. While no financial impact has been quantified yet, shareholders should monitor future disclosures for potential tax liability, interest, and penalties that may arise from this assessment.