Sharda Motor Industries Limited (SHARDAMOTR) — Announcement

· NSE Neutral
📢 Key Event
Company received appellate tax order from Income Tax Commissioner
🔄 What Changed
Appeal order issued for AY 2022-23 tax demand
🔮 What's Next
Will file appeal before Income Tax Appellate Tribunal
💡 Investor Takeaway
The company may reduce tax liability from Rs 4.30 crores to Rs 5.22 Lakhs through further appeals.

Sharda Motor Industries Limited disclosed it received an appellate order from the Commissioner of Income Tax (Appeals) dated March 27, 2026 regarding tax demand for assessment year 2022-23, with the company planning to challenge the remaining Rs 5.22 Lakhs demand before the Income Tax Appellate Tribunal.

📄 View Original Announcement (PDF)

About Sharda Motor Industries Limited (SHARDAMOTR)

Automobile and Auto Components · Auto Components · Listed on NSE

Market Cap: ₹5,013.99 Cr P/E: 15.7

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

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