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Expleo Solutions Limited ( (IN:EXPLEOSOL) ) has issued an announcement.
Expleo Solutions Limited has disclosed that the Assistant Commissioner of Income Tax, Corporate Circle 1(1), Chennai, has issued an order for Assessment Year 2013–14, raising a tax demand of Rs 2.55 crore arising from the disallowance of Minimum Alternate Tax (MAT) credit of Rs 83 lakh claimed and utilised by the company. The order, issued under Section 115JAA and received on 27 January 2026, has been formally notified to the stock exchanges under SEBI’s disclosure norms, with Expleo stating that the demand is not expected to have a material impact on its financials, operations or other activities, thereby signalling limited immediate risk for shareholders and other stakeholders.
More about Expleo Solutions Limited
Expleo Solutions Limited is an India-based listed company, headquartered in Chennai and operating in the technology and services space, with its equity shares traded on BSE and the National Stock Exchange of India under the symbol EXPLEOSOL. The company is subject to Indian corporate, tax and securities regulations, and regularly discloses material regulatory and financial developments to the stock exchanges in compliance with SEBI’s listing obligations.
Average Trading Volume: 877
Technical Sentiment Signal: Sell
Current Market Cap: 14.17B INR
Learn more about EXPLEOSOL stock on TipRanks’ Stock Analysis page.