Firstsource Solutions Legal & Regulatory
Firstsource Solutions reported a SEBI PIT regulation violation by a Designated Person. The company issued a cautionary notice following inadvertent trading during the closure period.
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Firstsource Solutions reported a SEBI PIT regulation violation by a Designated Person. The company issued a cautionary notice following inadvertent trading during the closure period.
Powerica Limited received a revised income tax demand of Rs. 31.13 Crore for Assessment Year 2025-26. The company is currently evaluating further legal steps.
Maruti Suzuki received GST adjudication orders for ₹6.89 Crore in taxes and penalties. The company intends to file an appeal.
India Pesticides received an income tax demand of ₹7.09 Crore for 2018-2025. The company intends to appeal the demand as it is not tenable.
Madhusudan Securities received a BSE warning letter for delayed name change compliance. The company will review the matter in its upcoming board meeting.
Powerica Ltd received a revised tax demand of ₹3.13 Crore for Assessment Year 2025-26. The company is evaluating next steps regarding the rectification order.
Tata Elxsi received an Income Tax demand notice for ₹1.5 Crore. The company is reviewing the order and expects no material financial impact.
Aban Offshore responded to a SEBI LODR non-compliance notice. Submission of the Secretarial Compliance Report was delayed due to ongoing CIRP proceedings.
Sri Havisha Hospitality and Infrastructure Ltd received a SEBI warning for not disclosing a pending liability with Percept Advertising Ltd. It must rectify disclosures before the board meeting.
Eco Recycling Ltd disclosed the allotment of 300,000 warrants at ₹411 each, amounting to ₹12.33 Crore. The filing complies with SEBI PIT Regulation 7(2)(b).
Antony Waste issued a ₹20 Crore corporate guarantee to Kotak Mahindra Bank for its subsidiary Mumbai Eco. The guarantee is a contingent liability of the same amount.
Indian Railway Finance Corp filed a SEBI-mandated Security Cover Certificate confirming a ₹4,65,381.53 crore asset cover. The filing satisfies regulatory compliance under Listing Obligations.
iCodex Publishing disclosed a ₹1.34 Crore deviation in IPO proceeds used for interior works of its new office. The filing revises earlier figures for half‑year ending March 2026.
ADF Foods' US subsidiary won a favorable court order awarding $2.29 million in damages against Ascot Valley Foods. This resolves allegations of trade secret misappropriation.
JK Cement's subsidiary received a GST tax demand of approximately ₹0.04 Crore. The company intends to appeal the order before the GSTAT.
ADF Foods subsidiary received a favourable court order for US$ 2.30 million (₹21.60 Crore) against Ascot Valley Foods. The award relates to trade secret misappropriation.
Sterling and Wilson received a revised CGST demand of ₹2.97 crore. The company is currently evaluating the order to determine further action.
Balmer Lawrie responded to BSE and NSE regarding fines for Listing Regulation non-compliance. The Board attributed the lapses to government-directed board composition.
Shalby Limited announced the settlement of arbitration proceedings with Dr. Viral Shah and Dr. Praveen Saxena. The disputes were disposed of with no financial impact.
Advani Hotels filed a complaint with SEBI against Simply Wall Street. The company alleges blatant violations of RA Regulations via misleading publications.
Max Healthcare received an Income Tax penalty of ₹0.11 Crore regarding FY 2018-19 transactions. The company plans to file an appeal against the order.
Honasa Consumer received a favorable arbitration rectification order against RSMM General Trading. The company is awarded approximately ₹25.53 Crore.
Deep Polymers submitted its Annual Secretarial Compliance Report for FY 2025-26. The report confirms compliance with SEBI and other regulatory requirements.
Max Healthcare received an Income Tax Department order imposing a ₹0.11 Crore penalty. The company is currently appealing the decision.
Jagjanani Textiles submitted its Annual Secretarial Compliance Report for FY 2025-26. The report confirms the company's compliance with SEBI regulations.
Tata Steel faces a GST department appeal seeking to reinstate a ₹368.72 Crore penalty. The company will contest the appeal, noting the matter remains sub judice.
Tata Steel is contesting a GST demand of ₹100.75 Crore. The matter is currently sub judice before the High Court of Jharkhand.
Sapphire Foods received a favorable order dismissing a Rs.97.71 Crore GST demand. The authority ruled that the company correctly availed eligible input tax credits.
Gujarat Themis Biosyn initiated arbitration against Optimus Drugs claiming ₹90.24 Crore. The dispute follows a supply agreement termination and breach of take-or-pay obligations.
Sapphire Foods received a favorable order dismissing a tax demand of ₹97.71 Crore. The Assistant Commissioner ruled the company correctly availed eligible input tax credit.