Mid India Industries Ltd — Important, 19-01-2026: Company Update

MID INDIA INDUSTRIES has informed about a significant development in a long-standing litigation. The company previously disclosed a dispute where the Income Tax Department disallowed an income tax exemption for its 100% EOU units. This involved an amount of Rs. 0.34 crore plus interest. The case, which was pending with the High Court of Madhya Pradesh, has now been disposed of. This closure resolves a legacy tax matter, providing clarity and removing a contingent liability from the company's books.