Receipt of Summon from the Office of Asst. Director of Income Tax, Investigation, Gurgaon, u/s 131(1A) of the Income Tax Act, 1961.
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Indag Rubber Limited has received a summons from the Office of the Assistant Director of Income Tax (Investigation), Gurgaon, under Section 131(1A) of the Income Tax Act, 1961. The tax authority has asked the company to produce certain information and documents through its authorised representative within prescribed timelines. The disclosure, made under SEBI Listing Regulations, clarifies that no violations have been alleged so far. The company has stated that there is no impact on its financial, operational, or other activities due to this summon.
At this stage, this is a routine information request from the income tax investigation wing and not an order or penalty. Shareholders should monitor further developments, but no immediate financial or operational impact has been flagged by the company.