SML Isuzu Limited — Others, 06-05-2025: Action(s) taken or orders passed

SML Isuzu Limited has announced a favorable appeal order that cancels a previous tax demand and related interest and penalty totaling Rs. 0.45 lakh for April 2018 to March 2019, overturning an earlier Rs. 0.53 lakh liability confirmed in January 2024. This resolution eliminates a past financial obligation, improving the company’s expense position and reducing uncertainties for shareholders.