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Schneider Electric Infrastructure LimitedImportant, 06-08-2025: Updates

06-08-2025 | 04:07 pm

Schneider Electric Infra (SEIL) secured a stay order from the Gujarat High Court, temporarily blocking an Income Tax Department demand of INR 18.53 crore for AY 2017-18. This judicial intervention prevents an immediate significant tax outflow, aiding the company's cash flow. The court's decision provides interim relief while SEIL's broader challenge against the tax order proceeds. A key positive for SEIL investors, mitigating an immediate financial hit.

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