BSENeelkanth Ltd-$HighNegative
Announced Thu, 16 Oct · 16:48 IST

We hereby inform that the Company has received Notice issued by Income Tax Department, Mumbai for recovery of outstanding demands.

Regulatory & Legal View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Neelkanth Limited (formerly R T Exports Limited) received a notice from the Income Tax Department, Mumbai on October 15, 2025, for recovery of outstanding tax demands amounting to Rs. 6,47,156 (approximately ₹6.47 lakhs). The company has stated that there is no material impact on its financials, operations, or other activities. It is in the process of responding to the notice within the stipulated time period. The disclosure was made under SEBI Listing Regulations as a regulatory compliance update.

Likely market impact

The outstanding demand is relatively small at around ₹6.47 lakhs, and the company has stated it has no material impact on operations or finances. Shareholders are unlikely to see a significant effect on the stock price, though the outcome of the company's response remains to be seen.