Nila Infrastructures Limited has informed the Exchange regarding 'Update'.

Nila Infrastructures received an appellate order from the Commissioner of Income Tax (Appeal)-12, Ahmedabad on 24 April 2026. The order relates to income tax assessment proceedings arising from search-related assessment for Assessment Year 2018-19. The appellate authority has partly allowed the company's appeal and restricted the addition of income to INR 33.23 lac (approximately INR 3.32 million). This is a positive development as the earlier assessment amount has been reduced. The company states there is no impact on its operations due to this order. The matter pertains to an Income Tax Department search operation conducted earlier, with subsequent assessments completed for multiple assessment years.