Vaibhav Global Limited — Important, 31-10-2024: General Updates

Vaibhav Global Limited has received a demand notice from the Assistant Commissioner of Income Tax for Rs. 58,85,88,105 for the Assessment Year 2021-22. The company believes the notice is legally defendable and does not expect a material financial impact, citing favorable past rulings. Vaibhav Global emphasizes its commitment to integrity, corporate governance, and timely tax compliance.