Zinka Logistics Solutions Limited — Important, 15-07-2025: General Updates

Zinka Logistics Solutions (BLACKBUCK) received a modified income tax order, significantly reducing a prior demand. The revised tax demand for Assessment Year 2019-20 is now INR 0.912 Cr (including interest) for short deduction/non-remittance of TDS, down from an earlier INR 4.18 Cr. The company believes it has a strong case and plans to appeal the order, expecting no further material financial impact. This development signals a potential positive resolution for a past tax liability.