Balrampur Chini Mills Limited — Others, 03-05-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Balrampur Chini Mills has announced a board meeting on an upcoming date. The company resolved a tax demand of Rs. 35.21 crore for AY 2022-23 through a rectification order, fully adjusted using MAT credit, eliminating any outstanding liability. While an appeal against the initial assessment will be filed, this adjustment removes uncertainty over potential cash outflows, providing clarity and stability for shareholders.