Megri Soft Ltd — Important, 21-03-2026: Company Update

Megri Soft faces a new Income Tax demand for Assessment Year 2013-14 after a deduction was disallowed. The gross demand is Rs. 1.50 Cr, with Rs. 0.89 Cr payable, including Rs. 0.55 Cr in interest. The company firmly disputes this and plans to appeal the entire demand. They will also contest a related penalty notice. Importantly, Megri Soft believes this tax issue will not materially impact its current financial position or operations.