Vishnu Prakash R Punglia Limited — Others, 22-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Vishnu Prakash R Punglia Limited has received a notice regarding an alleged income escape assessment of ₹32.31 crore for the assessment year 2019-20. The company is currently evaluating the notice and has submitted a preliminary reply within the required timeframe. Legal counsel suggests a favorable outcome is likely, and the company does not anticipate any material financial impact from this notice.

This situation may engender a neutral impact on investor sentiment, as the company’s proactive engagement implies confidence in resolving the issue without significant risks.