The Indian Hotels Company Limited — Others, 04-08-2025: Action(s) taken or orders passed

The company has been served a special notice by the Brihanmumbai Municipal Corporation (BMC) for a penalty claim of approximately 93.28 Cr related to outstanding property taxes for its Taj Lands End, Mumbai property. The company is disputing this claim on merit, asserting that tax payments were made as per court orders. Shareholders should note that while this presents a potential financial liability, the company anticipates no impact on its core operations.