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Awaiting price reaction for this filing.
Piotex Industries has responded to BSE's query about a potential delay in disclosing an Income Tax Demand Order. The company says the demand order was issued by the Income Tax Department on 2nd December 2025 but was physically received by the company only on 17th December 2025. Upon receipt, the company informed the exchange the same day, well within the 24-hour disclosure requirement under SEBI Listing Regulations. The company states there was no delay or lapse on its part. No demand amount is mentioned in this filing, and the original demand order was disclosed earlier.
This is a procedural clarification rather than new negative news — shareholders should watch for the earlier filing detailing the actual Income Tax demand amount to assess any financial impact. The prompt exchange disclosure and clarification are positive from a corporate governance standpoint.