Indian Hotels Company Legal & Regulatory
The Indian Hotels Company Ltd disclosed an additional property tax penalty of Rs. 5.51 Crore from the BMC for Taj Lands End, Mumbai.
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- ₹5.51 Cr
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The Indian Hotels Company Ltd disclosed an additional property tax penalty of Rs. 5.51 Crore from the BMC for Taj Lands End, Mumbai.
Ishan International Limited received a SEBI Show Cause Notice regarding the utilization of its IPO proceeds. The company plans to apply for settlement proceedings.
The Board noted and paid a ₹0.0059 Crore fine imposed by stock exchanges for a delay in submitting financial results for the year ended March 31, 2026.
Associated Alcohols & Breweries obtained a High Court stay against an FSSAI order that had prohibited the sale of one of its whiskey/rum brands.
Indo Amines Limited received a GPCB order revoking its Vadodara plant's closure directions. The company paid ₹5.70 lakh compensation and submitted a ₹5 lakh bank guarantee.
Matrimony.com reports that the Madras High Court partially allowed an appeal regarding a trademark infringement suit. The company is considering an appeal to the Supreme Court.
Panyam Cements informed the exchange that it will delay the submission of its unaudited financial results for the quarter ended June 30, 2026.
Akar Auto Industries Ltd has responded to BSE regarding the delay in appointing a Woman Director, noting the issue is rectified and a waiver application is pending.
Indo Amines received a revocation order from GPCB, allowing its Vadodara manufacturing plant to resume operations for three months subject to compliance conditions.
RCCPL, a material subsidiary of Birla Corporation, received a GST show-cause notice demanding ₹10.30 Crore. The company considers the claim meritless and plans to contest it.
Birla Corp's subsidiary RCCPL received a GST show-cause notice involving ₹20.60 Crore including penalty. The company contests the notice, citing no impact on operations.
Sree Rayalaseema Hi-Strength Hypo faces a legal claim from Maersk Shipping Line. The English court order concerns breach of contract for shipping damages.
Innovision Limited received a favorable order reducing a GST penalty to ₹10,000. The outcome is not expected to have a material financial impact.
Mazagon Dock provided Board comments regarding a fine levied by the Exchange. The company is coordinating with the Ministry of Defence for director appointments.
Subsidiary RCCPL Private Limited received a CGST show cause notice for wrongful ITC availment. The claim amount is ₹10.30 Crore plus interest.
ZF Commercial Vehicle Control Systems received a show cause notice from the GST & Central Excise office. The notice proposes a levy regarding ITC availment.
Glenmark Pharmaceuticals agreed to a $15.28 million settlement with Humana, Inc. to resolve antitrust litigation. This payment has been fully provided for in the company's financials.
HCL Infosystems Ltd received a favorable order from CESTAT, Allahabad, setting aside a tax demand of ₹22.85 Crore. The company successfully contested the Service Tax matter.
Speciality Restaurants received a tax demand notice of ₹1.80 Crore regarding short tax payments and irregular Input Tax Credit claims for FY2021-22 to FY2023-24.
Surat Trade and Mercantile filed a voluntary settlement application with SEBI concerning material related party transactions. This action currently has no material financial impact on the company.
Raghuvir Synthetics Limited received a GST demand notice for ₹3.76 Crore, updating a previous ₹1.88 Crore disclosure. The company maintains its tax credit avails were appropriate.
Manaksia Steels disclosed a Calcutta High Court order requiring a payment of ₹3.33 Crore as enhanced land premium for land in Haldia, West Bengal.
Harish Textile Engineers settled a GST matter for FY 2022-23 regarding excess Input Tax Credit by paying the requisite tax and penalty amount.
Luxury Time Limited received a compounding order regarding consolidated financial statement defaults. The order imposes ₹10 Lakh in compounding fees on specific company directors.
MedPlus Health Services reported a 7-day drug license suspension for a subsidiary store in Andhra Pradesh due to regulatory non-compliance. The financial impact is ₹0.03 Crore.
Zenith Exports paid a ₹0.13 Crore fine to BSE and NSE following the rejection of its waiver application for non-compliance with SEBI listing regulations.
TeamLease Services reported an adjournment in its legal appeal against an EPFO order. The hearing is rescheduled to September 01, 2026, due to an extension request.
Sanofi India received a favorable income tax order vacating a demand of Rs. 0.73 Crore. The order drops proceedings related to non-deduction of TDS for AY 2019-20.
The US District Court dismissed the criminal indictment against Adani Green's key management, including Gautam Adani. The dismissal is with prejudice, effectively ending the prosecution.
Adani Green reported a final judgment in a US SEC case involving directors Gautam Adani and Sagar Adani, with penalties totaling approximately ₹171 Crore.