Centum Electronics Limited — Important, 12-03-2025: General Updates

Centum Electronics Limited has reported the receipt of an assessment order from the Income Tax Authority regarding its tax return for AY 2023-24. The assessing officer has proposed disallowances that result in a demand of ₹4.56 crores (including interest). The company maintains that this demand is not maintainable and intends to file an appeal against the order. Consequently, Centum Electronics does not foresee any immediate impact on its financials, operations, or other activities due to this development. Investors should continue to monitor the situation closely for any future updates.