Intimation attached
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The company received tax orders from the Deputy Commissioner, State Tax, Sikandrabad, Uttar Pradesh under the Central Sales Tax Act and UP VAT Act. As previously disclosed on April 01, 2026, the company challenged these orders by filing a Writ Petition with the Hon'ble High Court of Judicature at Allahabad. The High Court has now ordered that respondents file a counter affidavit, followed by the company's rejoinder. Crucially, the operation and effect of the tax orders have been stayed until the next date of listing.
The court stay provides temporary relief from the tax orders, but the legal proceedings remain ongoing. Shareholders should monitor the outcome of the petition as it could affect any potential tax liability.