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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Keerthi Industries has received an Income Tax Assessment Order dated 12th March 2026 (received 13th March 2026) under Section 143(3) of the Income Tax Act for Assessment Year 2024-25. The order disallows expenses of Rs. 18.16 lakh and depreciation of Rs. 2.07 crore, totalling roughly Rs. 2.25 crore. The company has stated that the order has no financial impact on its operations and is in the process of filing an appeal within the prescribed time limit. The disclosure was made under Regulation 30 of SEBI Listing Regulations.
This is a routine tax assessment disclosure with a relatively small disputed amount (around Rs. 2.25 crore) compared to typical company operations, and the company claims no material financial impact. Shareholders should monitor the appeal outcome, but the near-term impact on the stock is likely limited.