Pritika Auto Industries Limited has informed the Exchange about Action(s) initiated or orders passed

PRITIKAUTO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.0%1-day move

₹13.86

prior close

₹14.10

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-5.2-4.4-5.1-4.3-1.0-0.9+1.0+7.3+0.8+0.6+1.7+31.5+32.6—

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AI summary

Pritika Auto Industries Limited received an intimation from the Centralized Processing Center, Income Tax Department on May 15, 2026, raising a tax demand of Rs. 1,83,81,330 (approximately Rs. 18.38 crore) under Section 156 of the Income Tax Act for Assessment Year 2025-26. The demand arose due to an apparent error where depreciation of Rs. 13,85,61,837 was incorrectly added while calculating Minimum Alternate Tax (MAT). The company states there are no violations or contraventions and believes the demand is erroneous. The company plans to file for rectification under Section 154 and also appeal before the Appellant Authority. Management is confident the mistake will be rectified and the demand deleted.

Likely market impact

The company states there is no material impact on financials or operations. This is a procedural tax demand the company is contesting through rectification and appeal, with management expecting the demand to be deleted.