Harish Textile Engineers Ltd received a notice for pre-institution mediation regarding a ₹0.15 Crore commercial dispute filed by M/s. Steel-O-Fab Engineers. The dispute involves alleged non-payment for goods supplied. The company is evaluating the matter, noting no immediate material financial or operational impact.
National Securities Depository Ltd approved the transfer of ₹1 Crore to its Investor Protection Fund as financial disincentives. The payment, mandated by SEBI, relates to technical glitches occurring on March 10, 2025, and February 03, 2026. The company stated there is no material impact on its financial or operational activities.
TVS Supply Chain Solutions' subsidiary filed an appeal against a ₹6.71 Crore income tax demand before the Commissioner of Income Tax (Appeals). The dispute relates to expenses recorded under Section 143(3). The company is seeking a stay on the demand and does not foresee significant financial implications at this stage.
ESAB India Limited received a GST demand order for ₹0.38 Crore (including interest and penalty) from West Bengal tax authorities for FY 2022-23. The demand relates to alleged Input Tax Credit discrepancies. The company intends to appeal the order and states there is no material impact on its operations.
Amber Enterprises received an NCLT order directing a change in the 'Appointed Date' for its subsidiary's merger from April 1, 2025, to April 1, 2026. The company’s Merger Committee has approved this revision to ensure regulatory compliance. This administrative update aligns the amalgamation timeline with the Tribunal's directions.
Vodafone Idea Limited informed that the DoT Committee finalized its AGR dues at ₹64,046 Crore, a reduction from the previous ₹87,695 Crore. The amount is payable in installments starting from FY 2031-32 through FY 2040-41. This finalization provides clarity on the company's long-term regulatory liabilities.
Praxis Home Retail Ltd provided an update on an NCLT insolvency petition filed by M/s. Koncepts Interior for ₹1.01 Crore. The matter has been adjourned to June 23, 2026, as the creditor's counsel was unavailable. The company maintains that a pre-existing dispute exists and the claim is below the IBC threshold.
Shree Cement Ltd reported that the Commissioner (Appeals), CE & CGST, Jodhpur dismissed its appeal against a demand order for technical reasons. This reinstates a penalty of ₹0.36 Crore related to the wrong availment of Cenvat Credit. The company stated the order has no major financial impact and is evaluating further legal options.
W.S. Industries (India) Limited issued a revised disclosure regarding a transaction by M/s. Renaatus Procon Private Limited, a Promoter Group entity. RPPL purchased 2,000 shares for ₹0.02 Crore during a trading window closure. The company noted a disclosure identification gap and initiated corrective actions, including potential disgorgement of notional gains.
Markolines Pavement Technologies Ltd received a settlement order from SEBI regarding delayed filings of statements of deviation for IPO proceeds. The company paid a settlement amount of ₹0.12 Crore (Rs. 12.35 lakh) without admitting or denying findings. The settlement disposes of the proceedings with no material impact on operations.
Peninsula Land Limited received an administrative warning from SEBI regarding delayed and inaccurate disclosures of an alleged ₹200 crore fraud in its joint venture with K B Kothari Group. SEBI noted the company had knowledge of the dispute since April 2024 but delayed disclosure until March 2025. The company is perusing the communication for further action.
Aye Finance Limited received a ₹0.15 Crore fine from BSE Limited for a delayed submission of financial results for the period ended December 31, 2025. The delay was attributed to the company's proposed Initial Public Offer (IPO).
Viceroy Hotels Limited won a favorable order from the SAFEMA Appellate Tribunal, which set aside a 2019 property attachment order by the Enforcement Directorate. This ruling provides finality to long-standing litigation, detaching the Courtyard by Marriott property in Hyderabad. The decision follows the successful completion of the company's insolvency resolution process.
Godrej Industries Limited has resolved a regulatory matter by paying requisite compensation to the Gujarat Pollution Control Board. The company confirms this payment has no material impact on operations or financial performance. This update follows an earlier intimation from January 3, 2026.
Religare Enterprises' subsidiary, Care Health Insurance, received a rectification order reducing its tax liability for AY 2022-23 to ₹86.66 Crore from ₹173.32 Crore. The order corrects a technical error in the previous demand. An appeal against the original assessment remains pending with appropriate authorities.
Suzlon Energy received NCLT Ahmedabad Bench approval for its Scheme of Arrangement involving the reorganization and reclassification of reserves. Effective September 30, 2024, negative retained earnings will be adjusted against various capital and security reserves. Detailed accounting impacts will be disclosed in the audited financial statements for the year ending March 31, 2026.
Jagran Prakashan Limited announced that the Hon’ble NCLT Allahabad dismissed applications from Jagran Media Network Investment Private Limited and vacated an interim order. The previous stay on convening an Extra-ordinary General Meeting has been lifted. Parties are now at liberty to proceed under the Companies Act, 2013.
EPACK Durable Limited received an order from the Delhi High Court regarding its writ petition against a customs Show Cause Notice. The court remanded the matter to the CBIC for adjudication without confirming any demand. The company is evaluating filing a Special Leave Petition before the Supreme Court.
ICICI Lombard received an appellate order reducing its GST-related liabilities to ₹3.78 Crore (₹0.72 Crore interest and ₹3.06 Crore penalty) for April 2018–May 2019. This is a downward revision from the original ₹7.26 Crore demand. The company plans to evaluate further legal actions or appeals against this order.
Bharat Coking Coal Ltd received fresh demand notices totaling ₹17,344.46 Crore from Jharkhand state authorities regarding 47 projects. The Revisional Authority (Ministry of Coal) has admitted the company's revision applications and issued an interim order staying any coercive action by the state pending further proceedings.
Panacea Biotec Ltd won a favorable order from the ITAT, Delhi, resulting in the cancellation of a ₹9.16 Crore tax demand for AY 2020-21. The tribunal set aside the previous disallowance of ₹3.44 Crore in expenses, marking a positive financial outcome for the company regarding its ongoing tax litigation.
Sai Life Sciences received a ₹32.86 Crore GST demand order (including interest and penalties) for FY 2021-22 from the Karnataka tax authorities. The demand relates to alleged excess Input Tax Credit availment. The company plans to appeal the order at the Tribunal level and does not expect any material financial impact.
The Hon’ble Bombay High Court dismissed Delta Corp Limited's writ petition seeking a license to install electronic amusement/slot machines at the Deltin Hotel in Goa. The court order was dated April 29, 2026. The Company is currently evaluating its legal options regarding this dismissal.
New Delhi Television Limited (NDTV) received a stay from the Income Tax Department on a ₹420.36 Crore demand for Assessment Year 2008–09. The stay remains in force pending disposal of the appeal before the Commissioner of Income Tax (Appeals). This provides significant temporary relief regarding the outstanding tax litigation.
Nuvama Wealth Management's subsidiary, NWIL, received two warning letters from the National Stock Exchange on April 29, 2026. The warnings pertain to observations from inspections conducted in 2025 regarding periodical submissions. The company stated there is no impact on financials or operations.
Emergent Industrial Solutions Ltd has filed criminal proceedings against Wellspring Healthcare Private Limited and its directors following the dishonour of cheques. The litigation relates to the recovery of a ₹5.00 Crore Inter-Corporate Deposit plus interest. The case is currently at a preliminary stage before the Metropolitan Magistrate at Patiala House Courts, New Delhi.
Century Enka Ltd received three GST penalty notices totaling ₹16,97,810 from the Gujarat State Tax authorities due to address mismatches. The company received the orders on April 28, 2026, and intends to contest the demand. It does not expect any material financial impact on its operations.
MPS Limited received an Income Tax Assessment Order and Demand Notice for ₹21.78 Crore for AY 2023-24. The company believes the demand is inflated due to an incorrect tax rate and is filing for rectification and appeal. No material impact on business operations is expected.
Zuari Agro Chemicals Ltd received a demand notice for ₹296.46 Crore towards water and sewerage charge arrears from the Goa government. The company strongly disputes the demand and intends to take legal recourse to contest it. The notice requires payment within 15 days of receipt.
Steel City Securities Limited has been penalized ₹0.001 Crore by the NSE following a Capital Market segment inspection conducted in November 2025. The company clarified that the penalty has no material impact on its financials or operations.
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