Kirloskar Oil Engines Limited — Others, 28-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Kirloskar Oil Engines has received a Show Cause Notice from the Income Tax Department regarding potential tax disallowances of INR 19.17 Crore for FY 2022-23. The company is preparing a response by March 6, 2025, and does not anticipate a material impact on its financial health or operations from this scrutiny. This notice reflects ongoing regulatory reviews, but the management's confidence in mitigating potential risks may reassure investors. Overall, this situation suggests a cautious yet stable outlook for the company amidst regulatory assessments.