Zinka Logistics Solutions Limited — Important, 25-02-2025: General Updates

Zinka Logistics Solutions Limited has received a tax demand order from the Income Tax Department concerning the assessment year 2019-20, amounting to INR 4.18 crores (including interest) for short deduction or non-remittance of TDS. The company is currently assessing the implications of this order on its financial results for the quarter and year ending March 31, 2025. It plans to file an appeal, believing it has a solid case based on the merits of the situation. Investors should watch this development closely, as it may impact the company's financial position and operational continuity.