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KEI Industries Limited has received a favorable ruling from the Division Bench of the Hon’ble High Court of Kerala, which set aside a previous judgement and dismissed a writ petition against an assessment order. The original order, issued by the Assistant Commissioner, imposed a tax demand of ₹9.56 lakh plus interest, related to the 2013-14 assessment year. The court's decision allows the company to appeal the assessment before the first appellate authority under the Kerala VAT Act. Despite the ongoing legal proceedings, the company does not anticipate any significant impact on its financials or operations. Investors should monitor the situation, as potential outcomes may influence future business dealings.