Rithwik Facility Management Services Ltd — Important, 23-02-2026: Company Update

Rithwik Facility Management Services has informed about receiving a demand notice from the Income Tax Department. The notice, related to Assessment Year 2025-26, demands Rs. 61,150 due to a TDS difference identified during income tax return processing. The company clarifies that this amount represents the full financial implication, with no additional penalties or restrictions currently imposed. Rithwik intends to reconcile the TDS discrepancies with vendors and plans to take appropriate action to resolve the matter. This update indicates a minor, routine compliance issue for the company.