Bata India Limited — Others, 02-05-2025: Action(s) initiated or orders passed

Bata India has announced a board meeting to consider the financial results for the quarter and half-year. The company received a notice of demand from the Income Tax Department for alleged under-reporting of income for the assessment year 2022-23, with penalty proceedings initiated. Bata India is confident in contesting the issue and does not foresee any significant financial impact. This tax matter is being monitored closely but is unlikely to affect the company’s operations or overall financial position.