Shilchar Technologies Ltd — Important, 13-05-2026: Company Update

Shilchar Technologies received an order from the Commissioner of Central Tax (Appeals) concerning a tax demand. The initial demand was Rs. 3.19 Cr, along with applicable interest and penalty. Following the appeal, the Commissioner set aside a demand of Rs. 3.18 Cr, which includes a directive to re-determine Rs. 1.65 Cr. The related interest and penalties for the set-aside amount were also cancelled. The company confirmed that this order will not materially impact its financial position or operations.