Balrampur Chini Mills Limited — Others, 26-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Balrampur Chini Mills has announced a board meeting to discuss the assessment order received from the Income Tax Department for AY 2022-23. This order includes disallowances amounting to Rs. 35.21 crore, but the company is optimistic about reversing these disallowances based on favorable outcomes in prior years. Consequently, the company expects no impact on its financial or operational activities, as it plans to file an appeal to contest the raised demand. Investor sentiment may remain stable, with a positive outlook given the company's historical success in similar cases.