Tax demand received
As filed · Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), Bata India Limited has informed about Demand Order
RegulatoryWatchNotablemateriality 67 out of 100
What happened
FactBATA INDIA LIMITED. P J Towers, Dalal Street, Fort,. November 11, 2024, please find attached herewith the disclosure relating to Demand Order for imposition of.
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.
Capex
RevisedEarlierQ2 FY25
We added 30 Franchise Stores in the quarter as we continue to expand in smaller towns / semi-urban markets.
NowQ3 FY25
Added 27 Franchise Stores in the quarter.
Change
FactTarget revision
Implication
CapitSignal interpretationThe earlier statement mentioned adding 30 Franchise Stores, while the current statement reports adding 27 Franchise Stores. This represents a decrease in the target for store additions.confidence 90%
Watch next
Fact- Whether the company is appealing
- Amount deposited pending appeal
- Whether it is provided for in the accounts
Evidence
- Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), Bata India Limited has informed about Demand Order(opens the original filing in a new tab)
- Earlier statement · Q2 FY25
- Latest statement · Q3 FY25
- Earlier statement · Q3 FY25
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%