TATA CONSUMER PRODUCTS LIMITED — Others, 01-04-2025: Action(s) taken or orders passed

Tata Consumer Products Limited has announced an Assessment Order from the Assistant Commissioner of Income-tax regarding its income tax return for FY 2021-22, proposing additions/disallowances amounting to ₹262.09 Cr (including interest). The company believes the demand is unjustified and plans to appeal the order, indicating no immediate financial impact on its operations from this development. While this situation poses potential risks if the appeal is unsuccessful, management’s proactive response could instill confidence among investors, maintaining a positive outlook.