Every legal & regulatory announcement on NSE and BSE that our alert engine sent, newest first. Each one has its own page with the summary, the key figures and the original filing.
Lumax Auto Technologies Limited announced that the Hon'ble NCLT, New Delhi Bench, has reserved its order regarding the Second Motion petition for the merger with IAC International Automotive India Private Limited. The final pronouncement date is yet to be listed. This update follows the completion of hearings where regulatory bodies raised no specific objections.
Interarch Building Solutions received a Rs. 3.11 Crore tax demand from the Income Tax Department for AY 2025-26. The demand arises from a disallowance of deduction for gratuity payments. The company intends to file a rectification application, describing it as a contingent demand that will be quashed or rectified.
3i Infotech's Singapore subsidiary received an arbitration order from VIAC regarding a contract dispute with Bao Minh Insurance. The order demands a ₹3.45 Crore refund and penalty. The company is evaluating legal remedies and intends to dispute the order as it was passed unilaterally without a hearing.
Ajanta Pharma announced the conclusion of a US FDA inspection at its Paithan facility. The audit, conducted from April 13 to April 21, 2026, ended with five Form-483 observations. The company stated it will respond to the regulator within the stipulated timeline.
Dalmia Bharat Limited's subsidiary, DCBL, obtained an ED order releasing its attached land parcels after submitting a ₹92.52 Crore bank guarantee. This follows a PMLA Tribunal order reducing the alleged 'Proceeds of Crime' from ₹793.34 Crore to ₹92.52 Crore. The company is appealing the remaining alleged amount.
Sterling and Wilson Renewable Energy Limited's US subsidiary settled legal proceedings against Fidelity and Deposit Company of Maryland and Zurich American Insurance Company. The US District Court dismissed the case following a mutual release of claims. The settlement has no material financial impact, and the matter stands closed with no further liabilities.
Rubicon Research Limited received an Income Tax Assessment Order for AY 2023-24 with a demand of ₹17.25 Crore. The demand relates to Arms' Length Pricing adjustments. The company is in the process of filing an appeal and remains confident in its legal position.
3i Infotech's Singapore subsidiary received an arbitration order from VIAC regarding a dispute with Bao Minh Insurance Corporation. The order seeks refunds and penalties totalling approximately ₹3.73 Crore. The company is evaluating legal remedies and intends to dispute the unilateral order while seeking indemnification from Azentio Software Private Limited.
Lypsa Gems & Jewellery Limited received a SEBI adjudication order imposing a penalty of ₹0.18 Crore (Rs. 18 Lakhs). The penalty relates to alleged violations of SEBI LODR and PFUTP Regulations. The company is currently reviewing the order to assess further legal remedies.
Hyundai Motor India Ltd received a customs order demanding ₹22.02 Crore in differential duty, penalties, and fines. The order relates to the alleged misclassification of air purifiers to claim concessional duties. The company is currently reviewing the order and exploring legal options for an appeal against the demand.
Neeraj Paper Marketing Ltd has filed an appeal with the Commissioner of Income Tax (Appeals) challenging a Rs. 0.78 Crore tax demand. The demand relates to an assessment order for AY 2019-20. The company does not expect any material financial impact on its operations apart from the stated demand amount.
Associated Alcohols & Breweries Limited (AABL) received NCLT approval to acquire SDF Industries Ltd for ₹30.85 Crore. The Thrissur-based distillery will become a wholly owned subsidiary, enabling AABL to bring bottling operations in-house and strengthen its market position in Keralam. Operations at the upgraded facility are expected to commence by September 2026.
DIC India Limited has filed an appeal before the Delhi High Court challenging a District Court order dated April 7, 2026. The original legal proceedings involve a commercial suit for recovery filed against Star Plastics. This update follows a previous disclosure made on April 14, 2026.
Birla Corporation Limited received an order imposing a ₹4.61 Crore penalty and compounding fee from the Department of Mines & Geology, Rajasthan. The penalty relates to alleged mining activities in restricted areas. The company believes the order is not maintainable and is in the process of filing an appeal before the Rajasthan High Court.
SM Auto Stamping Limited successfully resolved Show Cause Notices from the Assistant DGFT by surrendering two unutilized EPCG authorizations. The regulatory authority has issued a Letter of Surrender, confirming no benefits were availed. The company confirmed this action has no monetary impact on its operations.
Reliance Infrastructure Limited received an order from the PMLA Adjudicating Authority confirming the provisional attachment of assets worth ₹670.48 Crore. The order relates to alleged violations between 2017 and 2019. The company intends to appeal the decision and stated there is no impact on current business operations.
CRISIL Ltd received an income tax assessment order for AY 2023-24 with a demand of ₹148.99 Crore including interest. The demand arises from certain proposed disallowances by the Assessing Officer. The company intends to appeal the order and states there is no immediate impact on its financial or operational activities.
Max Healthcare Institute Limited received a Rectification Order from the Delhi GST authority withdrawing an earlier tax demand of ₹55.20 Crore. The authority accepted the company's submissions regarding alleged excess Input Tax Credit availment. This outcome successfully resolves the previously disclosed tax dispute without any financial liability.
AYM Syntex Limited received a GST demand order for F.Y. 2020-21 totalling ₹0.58 Crore (including a ₹48,07,770 penalty and ₹10,27,225 interest) regarding wrongly availed ITC. The Company is evaluating filing an appeal and does not foresee a material financial impact.
SRF Ltd received a favorable order from CESTAT, Delhi, quashing a GST penalty demand of ₹0.37 Crore previously imposed by the Assistant Commissioner, CGST & Cex, Gwalior. The appellate authority ruled that the demand cannot be sustained, effectively allowing the company's appeal.
IDream Film Infrastructure Company Limited received a warning letter from BSE Limited due to delays in filing for a name change from SoftBPO Global Services Limited. The company has noted the warning and committed to ensuring strict regulatory compliance going forward. No financial penalty was disclosed in the announcement.
JSW Energy subsidiary JMPCL has challenged a ₹1,447.34 Crore water charge demand from Chhattisgarh's Water Resources Division before the High Court. The company contends the liability was extinguished under a 2025 NCLT resolution plan. Investors should monitor this material litigation for potential financial impacts.
CG Power and Industrial Solutions Limited received a fresh income tax assessment order for AY 2022-23 with a total demand of ₹236.74 Crore. This includes an additional disallowance of ₹21.43 Crore regarding unabsorbed depreciation. The company is evaluating legal options and intends to file an appeal against the order.
Sanofi India Ltd received a GST refund order for Rs. 0.52 Crore (including interest) for the period August 2014 to June 2017. The authority rejected a balance claim of Rs. 0.12 Crore, which the company intends to appeal. The refund relates to pre-deposit payments following a favorable appellate decision.
Universus Photo Imagings Limited announced that the NCLAT has dismissed an appeal filed by shareholder Mr. Ankit Jain. The appeal challenged a previous NCLT order dated October 15, 2025, which remains in force. This dismissal effectively concludes the pending litigation in favor of the company with no reported financial implications.
Bansal Roofing Products Ltd paid a Rs. 9,440 penalty to BSE for delayed submission of its FY2025 Annual Report. The secretarial audit confirmed the fine resulted from non-compliance with Regulation 34. The company has since rectified the compliance status.
360 ONE WAM and its subsidiary received income tax assessment orders for the block period 2018-2025, totaling ₹336.14 Crore in tax demands. The company intends to appeal, stating it has adequate grounds and expects no material financial impact.
Nila Infrastructures Ltd received an order from the Income Tax Appellate Authority deleting previous tax demands, interest, and penalties related to search operations for multiple assessment years. Consequently, no liability survives against the company for these periods. This is a positive development as it eliminates potential financial liabilities previously raised by the Assessing Officer.
Deepak Fertilisers' subsidiary, Mahadhan AgriTech Limited, received a tax and penalty demand totaling ₹5.49 Crore from CGST authorities. The order relates to the disallowance of CENVAT Credit. The company intends to challenge the order at an appropriate forum, stating there is no material impact on its financials or operations.
ACME Solar Holdings Ltd has received an interim stay from the Hon'ble High Court of Rajasthan against a show cause cum demand notice (SCN) issued by GST authorities. The stay remains in effect until further orders, providing temporary relief from the demand's operation.
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