HCL Infosystems Limited be and hereby informed regarding receipt of refund.
HCL-INSYS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HCL Infosystems has received a VAT refund of INR 26.35 Crores from the Rajasthan Value Added Tax Authorities. The refund relates to a pre-deposit made in connection with a dispute over the taxability of batteries sold in composite packs along with mobile phones in the State of Rajasthan. The refund covers tax periods 2009-10 and 2011-12. The company disclosed this on May 5, 2026 under SEBI Listing Regulations.
The refund represents a positive cash inflow of INR 26.35 Crores for the company, providing additional liquidity. However, this is a one-time tax-related event and not related to core business operations or revenue generation.