PTL Enterprises Limited — New Orders, 10-01-2025: Awarding of order(s)/contract(s)

The Company has entered into a settlement with the Income Tax Department under the Vivad se Vishwas Scheme, resolving outstanding tax disputes for various assessment years. A total tax liability of ₹9.29 crore has been settled, with specific amounts for the years 2012-2013 (₹0.69 crore), 2013-2014 (₹4.54 crore), 2014-2015 (₹3.07 crore), 2018-2019 (₹0.55 crore), and 2020-2021 (₹0.44 crore). This settlement alleviates potential operational disruptions and provides clarity on tax matters, positioning the Company for improved financial stability moving forward. Investors should view this development as a positive step that mitigates litigation risks and enhances financial predictability.