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

Tirupati Sarjan Limited received income tax demand notices from the Asst. Commissioner of Income Tax, Gandhinagar Circle, totaling approximately Rs. 18.12 Crore for various assessment years. These demands concern alleged unexplained expenditure and cash credits. The company clarified that its delayed disclosure of these notices was an unintentional oversight by the accounts department, busy with financial year closing, and not wilful. Tirupati Sarjan is contesting these demands and is preparing to file appeals before the Appellate Authority, mitigating potential financial impact.