Tax demand received
As filed · With reference to our earlier intimation dated December 31, 2025 regarding Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ( List
What happened
FactWith reference to our earlier intimation dated December 31, 2025 regarding Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ( Listing Regulations ) Update in connection with SCN dated September 26, 2025, kindly note that there was an inadvertent typographical and calculation error in certain figures reported in the intimation. of Rs. 56,06,00,928/- (includes tax, interest & penalty) now stands reduced to…
Why it matters
CapitSignal interpretationA tax demand is a contingent claim on cash: it either becomes a payment, or an appeal that ties up management attention and often a deposit.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Guidance
WithdrawnThe Shareholders may note that the Board of Directors of the Company, at its Meeting held on May 19, 2025, has recommended a final dividend @25% i.e. Rs.2.50/- per equity share of Face Value of Rs.10/- each for the Financial Year ended March 31, 2025, subject to the approval of the Shareholders at the AGM.
I am now very confident that the Company will only grow from strength to strength across all its three businesses, and that FY 2026-27 will be a year that you will be proud of.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Whether the company is appealing
- Amount deposited pending appeal
- Whether it is provided for in the accounts
- NARMADESH BRASS INDUSTRIES LIMITED is proposing, subject to applicable regulatory and statutory requirements, (management committed by FY26)
- I am now very confident that the Company will only grow from strength to strength across all its three busines (management committed by FY27)
Evidence
How CapitSignal classified this
- Reasoning:
- TAX_DEMAND base 62; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%