Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
RSWM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RSWM Limited has received appeal effect orders from the income tax department following ITAT Jodhpur's dismissal of revenue's appeals for Assessment Years 2011-12 and 2013-14. The company is entitled to tax refunds including interest of Rs. 12.73 crore for AY 2011-12 and Rs. 12.24 crore for AY 2013-14, totaling approximately Rs. 25 crore. The refunds are now receivable by the company. There is no impact on the operations of the Company. The disclosure was made on April 10, 2026.
This is a positive financial development as the company will receive around Rs. 25 crore in tax refunds, which will improve its cash position. The favorable ITAT order puts to rest tax disputes for these assessment years.