Intimation under Regulation 30 of the SEBI Listing Regulation, 2015
PRAVEG · price
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Awaiting price reaction for this filing.
Praveg Ltd has informed the stock exchange that the Income Tax Department conducted and concluded a search at the company's registered office on October 17, 2025. The company has disclosed this under SEBI Listing Regulations, but states that details of any alleged violations are currently not ascertainable. The company asserts that there is no financial impact as of now and that business operations remain unaffected and continue as usual. Further updates will be provided as material information becomes available.
While the company claims no immediate financial or operational impact, Income Tax searches often create uncertainty around potential tax liabilities, penalties, or future disclosures, which may weigh on investor sentiment and short-term stock price volatility.