Order passed under Section 7(1) of the Right to Information Act, 2005, confirming no official communication regarding outcome of search and seizure operations conducted by the Income-Tax Department.
Awaiting price reaction for this filing.
The company is clarifying speculative media reports about search operations conducted by the Income-Tax Department at Refex Group entities between December 9–13, 2025. To verify media claims referencing alleged Income-Tax Department press releases, the company filed an RTI application, and the ITO (HQ)(Inv)/DGIT(Inv) confirmed via an order dated February 10, 2026 that no press release or official communication was issued by the department regarding the outcome of the search and seizure operations. The company states it is law-abiding, cooperates with authorities, and will update the stock exchange on any further material developments. This is a follow-up to earlier disclosures from December 2025 about the search and its closure.
The filing is a defensive clarification for shareholders — it neither confirms nor denies any tax finding, but pushes back against media narratives. The underlying fact of a tax search still stands, so investors should watch for any further updates from the company regarding the outcome of the Income-Tax Department's review.