Classic Filaments Ltd — Important, 07-03-2026: Company Update

Classic Filaments Limited has received a demand notice from the Income Tax Department, Surat, for ₹1.98 Crore. This notice is related to an income tax assessment order. The company is currently reviewing the notice and plans to respond within the stipulated timeframe. The potential financial impact cannot be quantified yet, as it depends on the outcome of further proceedings, including any appeals to higher authorities. This development could impact the company's financial position, pending resolution.