CG Power and Industrial Solutions Limited — Others, 26-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

CG Power and Industrial Solutions has received final tax assessment orders for Assessment Year 2021-22 from the Income Tax Department. These orders include various disallowances and additions, leading to a substantial tax demand of Rs. 467.76 Cr. The company disputes these findings and is taking steps to file appeals against the orders. Management believes, based on legal opinions and prior rulings, that there is a fair chance of succeeding in the appeal, and these disallowances/additions will be reversed. This ongoing tax matter is a key area for investors to monitor.