Announced Mon, 29 Jun · 17:40 IST
Tata Elxsi gets Rs 1.58 cr income tax demand for AY 2025-26
Regulatory & Legal View source PDF
TATAELXSI · price
▲ 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
-9.8%1-day move
₹3974.60
prior close
₹3990.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.0-2.1-1.7-2.9-9.8-7.9-7.5-8.0-6.7-8.7-13.1———
Up moveDown movePending
AI summary
Tata Elxsi received a demand notice under Section 156 of the Income Tax Act from the Income Tax Department's Centralized Processing Center in Bengaluru for Assessment Year 2025-26. The demand of Rs. 1.58 crore relates to a mismatch between tax credits claimed and allowed. The company says the order is part of the regular assessment process, is reviewing it, and expects no material financial impact.
Likely market impact
Minor tax demand of Rs 1.58 crore, flagged as not material. Company is reviewing. Likely limited impact on stock.