N R Agarwal Industries Limited — Important, 30-04-2025: General Updates

N R Agarwal Industries Ltd has received a demand notice for ₹36.42 crore from the Income Tax Department due to a disallowance under Section 80IA for Assessment Year 2022-23. The company maintains that it only claimed ₹3.15 crore in its tax return and plans to file a rectification application along with an appeal. There is no immediate financial impact anticipated on the company's operations from this notice.