R R Kabel Limited — Others, 31-03-2025: Action(s) taken or orders passed

R R Kabel Limited has announced a board meeting to discuss the receipt of an Assessment Order from the Income Tax Department regarding the Assessment Year 2023-24. The order demands Rs.7.10 crores, including Rs.2.38 crores in interest, due to various additions and disallowances. The company plans to appeal this decision and does not foresee any material impact on its financials. This anticipated appeal may present a degree of uncertainty, but the company's proactive stance could be viewed as a stabilizing factor for investor sentiment.