Allied Blenders and Distillers Limited — Others, 08-03-2025: Action(s) initiated or orders passed

ABD Dwellings Private Limited, a wholly owned subsidiary of Allied Blenders and Distillers, has received an Assessment Order imposing an income tax liability of ₹16.16 crore for the assessment year 2021-22, citing unexplained expenditure. The company asserts that this order will not significantly impact its financial position or ongoing operations. It plans to challenge the assessment through an appeal, expressing confidence in a favorable resolution. Investors may see this as a potential risk; however, the company's strong position and commitment to legal recourse could suggest a positive outlook in the long term.