Antony Waste Handling Cell Limited — Others, 28-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

AG Enviro Infra Projects Private Limited, a material subsidiary of Antony Waste Handling Cell Limited, has received an assessment order and tax demand notice totaling ₹2.63 crore related to the assessment year 2019-20. This follows a prior search conducted by the Income Tax Department, which resulted in the disallowance of certain expenses. The subsidiary plans to appeal the decision, supported by an external review that enhances its position. The management is confident in a favorable outcome, projecting no significant financial adjustments will be necessary. This matter could influence the operational landscape and financial outlook for stakeholders.