Attached is the disclosure of events specified in Regulation 30(3) read with sub para 8 of para B of Part A of Schedule III of SEBI (LODR) Regulations 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pyxis Finvest has informed BSE about four ongoing tax disputes filed before the Commissioner of Appeal, NFAC. Two relate to penalty proceedings under sections 271(1)(b) and 271(1)(c) of the Income Tax Act for Assessment Year 2015-16, with a combined exposure of about Rs. 33.6 lakhs. A third dispute involves an alleged incorrect tax demand of Rs. 79.3 lakhs for AY 2015-16, and a fourth smaller demand of Rs. 34,580 for AY 2011-12 is being voluntarily disclosed though not considered material. The total financial impact across all four matters is roughly Rs. 1.13 crore, and the matters are at the appeal stage, not yet final.
These are pending tax disputes with moderate financial exposure relative to a typical small NBFC; not a confirmed loss as the company is contesting them at appeal. Investors should monitor outcomes, but the disclosure appears procedural and unlikely to materially move the stock on its own.