Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
As filed · SRF Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactSRF Ltd. has updated that the Income Tax Department has disposed of its rectification application, reducing the demand from Rs. 327.44 crores to Rs. 9.46 crores due to a technical error. The company is currently analyzing the rectification order to determine suitable legal recourse for the remaining amount. No other litigation or settlement details are applicable.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 2.6% of FY26 revenue
₹327.44 Cr stated in the filing against ₹12,420.51 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
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Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%