Ventive Hospitality Limited has informed the Exchange about General Updates
VENTIVE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.9 pts more than Nifty Microcap 250 and 4.4 pts more than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ventive Hospitality has informed exchanges that it received an assessment order dated March 11, 2026 from the Income Tax Department under Section 143(3) of the Income Tax Act for financial year 2023-24 (assessment year 2024-25). While the assessed income is the same as what the company reported in its tax return, the company claims the order contains computation errors. These errors have led to an erroneous tax demand of Rs. 6,37,96,318 (about Rs. 6.38 crore), including interest. The company will file a Rectification Application under Section 154 of the Income Tax Act to challenge this demand. Management has stated it is confident the demand will be nullified and that the order has no impact on the company's financial position or operations.
The demand amount of Rs. 6.38 crore is modest relative to a hospitality business, and the company has explicitly stated there is no financial or operational impact. However, investors should track whether the rectification application is successful, as a prolonged dispute could still create uncertainty. Short-term stock reaction is likely to be muted given the small size and the company's confident stance.