JK Paper Limited has informed the Exchange about Action(s) taken or orders passed

JK Paper Limited has received a favorable order from the Commissioner of Income Tax (Appeals), Ahmedabad on 27th March 2026. The order deletes the additions made to the company's income by the Income Tax Officer for Assessment Year 2022-23 (FY 2021-22). As a result, the earlier tax demand of Rs. 49.53 crore (including interest of Rs. 15.19 crore) will be set aside. The company had filed an appeal against the original assessment order after disclosing the matter on 21st May 2025. No penalty or restriction has been imposed, and the company states there is no material adverse impact on its financials, operations, or activities.