Kokuyo Camlin Limited — Others, 21-03-2025: Action(s) initiated or orders passed

Kokuyo Camlin Limited has received an order from the Income Tax Department demanding a total of ₹90.17 lakh (Rs 43.77 lakh in tax and Rs 46.39 lakh in interest) under Section 156 of the Income Tax Act, 1961. The company confirmed there is no material impact on its financials or operations due to this order, as it is currently appealable. The company plans to file an appeal. This announcement may lead to a neutral impact on investor sentiment, with potential risk considerations regarding the ongoing tax dispute. Overall, investors should monitor the situation for any developments.