India Pesticides Limited (IPL) — Announcement | 29 June 2026

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🔄 What Changed
New tax demand notice received

💡 Investor Takeaway
Shareholders should monitor legal proceedings but expect no material financial impact.

⚠️ Risks
Potential tax liability under review

India Pesticides Limited received a tax demand of ₹7,09,58,949 for FY 2018-25 following a block assessment related to alleged unexplained investments and sales. The company disputes the demand, citing legal advice that it is not tenable, and expects no material financial impact. It plans to appeal the order and has submitted disclosures to exchanges.

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About India Pesticides Limited (IPL)

Chemicals · Fertilizers & Agrochemicals · Listed on NSE

Market Cap: ₹1,902.62 Cr P/E: 30.4

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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