COSMO FIRST LIMITED — Others, 31-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Cosmo First Limited has announced a board meeting to discuss its financial results for the quarter and half-year. In a significant update regarding ongoing litigation, the Deputy Commissioner of Income Tax has allowed the company to reclaim a tax credit of Rs. 24.22 Crore previously denied due to a filing error. This favorable ruling enhances the company's cash position, likely improving financial health and investor sentiment. By resolving this matter, Cosmo First demonstrates effective management of tax-related issues, which could strengthen its operational standing and attract investors looking for stability and growth.