TRF Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
TRF · price
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Awaiting price reaction for this filing.
TRF Limited has received a demand order dated December 30, 2025, from the State Tax Officer of Jajpur Circle, Odisha, alleging suppression of taxable turnover and short payment of taxes for the financial year 2021-22. The order imposes a total demand of ₹283.35 lakh covering tax, interest, and penalty. The company has stated it is taking necessary steps to appeal the order before the appropriate authority. The disclosure has been made under Regulation 30 of the SEBI Listing Regulations. As of now, there is no confirmed financial loss, and the matter is pending appeal.
The demand of ₹283.35 lakh is not material relative to typical corporate scales but is a contingent liability that could affect earnings if the appeal fails. Short-term stock reaction is likely muted, but investors should monitor the outcome of the appeal for any further financial impact.