Update on Intimation of Demand Notice
MOLDTKPAC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mold-Tek Packaging Ltd has received a demand notice from the Income Tax Department under Section 156 of the Income Tax Act, 1961, for Assessment Year 2022-23. The tax demand amounts to approximately Rs. 4.84 crore (Rs. 4,83,92,880). The company received the notice on the Income Tax Portal on January 20, 2026, and the physical copy is still awaited. The company has stated that there is no violation and plans to file an appeal before the Appellate Tribunal in Bangalore within the prescribed 60-day period. This filing is an update to the original intimation made on January 23, 2026, providing additional disclosures as required by SEBI.
The Rs. 4.84 crore tax demand, if upheld, could impact the company's financials, though the company asserts the order has no immediate financial impact and will contest it. Shareholders should watch the appeal outcome, as an adverse ruling could affect near-term earnings.