Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Company has received an Income Tax refund of Rs. 2.26 Crores (Two Crore Twenty-Six Lakh Rupees) in the bank account.
PATINTLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Patel Integrated Logistics has received an income tax refund of Rs. 2.26 Crores, which has been credited to the company's bank account. The company disclosed this under SEBI Listing Regulations, indicating it is a material event. This is a one-time positive cash inflow for the company, improving its near-term liquidity position. The size of the refund is relatively modest for a logistics company and is likely a routine tax adjustment rather than a strategic development.
Marginally positive for short-term cash flow and liquidity, but unlikely to materially impact stock price or long-term fundamentals. This is a routine tax-related event, not a business or operational update.