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Remsons Industries Limited ( (IN:REMSONSIND) ) just unveiled an update.
Remsons Industries has clarified a delay in disclosing an income tax appellate order to the stock exchanges, after BSE flagged discrepancies under SEBI’s disclosure rules. The company said the order from the Commissioner of Income Tax (Appeals), NFAC, Delhi, dated 18 February 2026, was seen only on 26 February because the concerned officer was on leave, after which the disclosure was promptly made.
The order under Section 250 of the Income Tax Act dismisses Remsons’ appeal for assessment year 2021-22 and upholds a disallowance of expenses amounting to Rs 4.91 crore. Remsons stated there is no material impact on its financials, operations or activities, emphasized there was no intent to evade disclosure obligations, and indicated it is evaluating the matter and plans to appeal before the Income Tax Appellate Tribunal, Mumbai within the prescribed timelines.
More about Remsons Industries Limited
Remsons Industries Limited is an India-based listed company, with its registered office in Mumbai and securities traded on BSE and NSE. The company is subject to Indian corporate governance and disclosure norms under SEBI’s Listing Obligations and Disclosure Requirements, reflecting its engagement with public market investors and regulators.
Average Trading Volume: 6,338
Technical Sentiment Signal: Hold
Current Market Cap: 3.78B INR
For an in-depth examination of REMSONSIND stock, go to TipRanks’ Overview page.