Tirupati Sarjan Ltd — Important, 07-04-2026: Company Update

Tirupati Sarjan clarified a delay in disclosing income tax demand notices totaling approximately **₹18.12 Cr**. The company stated these notices, citing unexplained expenditure and cash credits for various assessment years, were received in late March. The delay in intimation was due to an email oversight by the accounts department, which was busy with year-end closing and intervening holidays. The company asserts no malafide intent and is actively appealing these demands from the Income Tax Department, highlighting internal communication issues impacting regulatory compliance.