Indrayani Biotech Ltd — Important, 15-07-2026: Company Update

Indrayani Biotech successfully challenged an income tax assessment order before the Income Tax Appellate Tribunal (ITAT). The ITAT quashed the previous order from the First Appellate Authority and sent the matter back for fresh adjudication. This development is a positive step for the company, as it overturns an earlier adverse ruling in an ongoing tax dispute, providing relief and a chance for a new review of its case.