ICICI Life Insurance received an income tax rectification order for AY 2024, resulting in a reduced tax demand and adjusted interest impact of ₹278.90 Crore.
ICICI Life Insurance received an Income Tax rectification order for AY 2024, resulting in incremental interest of ₹ 40.96 Lakhs. The company has appealed the order.
L&T Finance disclosed an NSE fine of ₹11,800 for procedural non-compliance with LODR Regulation 60(2). The Board reviewed the matter and strengthened internal controls.
SAT rejected Mauria Udyog's plea to stay debarment but stayed penalty and disgorgement recovery, contingent on a 50% deposit of the ₹19.68 Crore liability with SEBI.
Himalayan Solar Limited received two adjudication orders from the Registrar of Companies imposing total penalties of ₹0.15 Crore for non-compliance with Section 42 of the Companies Act.
TeamLease Services received a tax demand notice for ₹52.76 Crore from the Department of Commercial Taxes, Karnataka. The company is evaluating and will contest the claim.
The Supreme Court upheld the Bombay High Court's decision setting aside the write-down of YES Bank's AT1 Bonds worth ₹8,415 Crore. The bank expects a 250 bps impact on its CET1 ratio.
Dharmaj Crop Guard Limited reported that the Himachal Pradesh High Court dismissed an interim injunction application against its product ZeekaSulf™. The patent infringement suit remains pending.
Lenskart Solutions Limited received a customs duty demand and penalty order totaling ₹13.17 Crore. The Company intends to challenge this order-in-original regarding the classification of imported optical eyeframes.
A-One Steels India Limited has settled an NCLT insolvency matter with Shri Khatu Shyam Ispat Udyog LLP. The settlement involves a payment of ₹3.80 Crore in two instalments.
Tata Chemicals Limited was directed by the Mumbai Centre for International Arbitration to pay ₹1 Crore in a dispute with Allied Silica Limited. This follows a significantly larger ₹908 Crore claim initially filed against the company.
Tata Chemicals won an arbitration as the MCIA rejected a ₹908 crore claim by Allied Silica Limited. The company is directed to pay only ₹1 crore plus interest.
The Income Tax Department has filed an appeal against NIIT Ltd before the ITAT regarding tax disallowances for AY 2018-19. The potential tax effect is estimated at ₹1.72 Crore.
L&T Finance responded to an NSE notice regarding a two-day procedural delay in filing a prior intimation of a record date, confirming no adverse market impact.
Dhampur Sugar Mills has been directed by the U.P. Excise Department to pay a ₹0.10 Crore compounding amount regarding molasses storage capacity at its Rajpura unit.
The Board acknowledged an RBI supervisory letter regarding the company's March 31, 2026 financial position. Management was directed to implement corrective measures and strengthen compliance frameworks.
Samtex Fashions reported an adverse development in its Debt Recovery Tribunal litigation, with the tribunal ruling in favor of NARCL and dismissing the subsidiary's counterclaim.
Afcons Infrastructure received an appellate order confirming a previously disclosed GST demand of Rs. 38.82 crore plus penalty. The company intends to challenge this order.
Akums Drugs and Pharmaceuticals received a ₹52.75 Crore NPPA demand notice. The company claims no liability, citing an indemnity agreement with its marketer.
Stallion India Fluorochemicals reported the completion of a Maharashtra GST inspection. The company has paid the resulting tax and interest liabilities with no material operational impact.
Neptune Logitek Limited received a fine of Rs. 11,800 from the BSE for non-compliance with Regulation 44(3) regarding the submission of voting results.