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Saurashtra Cement Limited has announced a board meeting to address a demand notice from the Income Tax Department regarding re-assessment orders for Assessment Years 2018-19 to 2020-21. The effective demand is estimated at approximately ₹11 crores. The company plans to file a rectification application to correct errors in the tax calculations and seek a stay on the demand. This situation may introduce a potential financial risk, but proactive legal steps could mitigate adverse impacts, potentially influencing investor sentiment towards a cautious outlook.