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Hathway Cable & Datacom LimitedOthers, 07-02-2025: Action(s) initiated or orders passed

07-02-2025 | 08:10 pm

Hathway Cable and Datacom has received a Compounding Order from the Chief Commissioner of Income Tax relating to a delayed TDS payment for FY 2010-11. The company is required to pay ₹6.01 crore within one month. The financial impact is confined to this payment, with no adverse effects anticipated on operations or overall activities.

This development presents a neutral impact on investor sentiment, as it relates to historical compliance rather than current operations. However, timely resolution shows management's commitment to regulatory compliance, which could foster a positive outlook moving forward.

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