HFCL Limited — Others, 10-06-2025: Action(s) taken or orders passed

HFCL has announced a compounding fee of ₹2.9 Cr levied due to a slight delay in TDS payments during FY 2020-21, primarily caused by disruptions amid the Covid-19 pandemic. The company initiated the compounding application voluntarily, and the fee is payable by July 31, 2025. This delay was unintentional and does not affect the company’s operations or financial performance beyond the fee. The update confirms HFCL’s commitment to regulatory compliance and resolves the past tax payment issue.