TVS Srichakra Limited (TVSSRICHAK) — Announcement | 26 March 2026

26 March 2026 · NSE 🔴 High Importance ⚠️ Negative

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

TVS Srichakra Limited received an Income Tax Demand Notice on March 26, 2026, for ₹29.47 crores covering FY 2017-18, citing disallowance under section 14A and proposing penalty proceedings for under-reporting. The company contests the demand, asserting it lacks merit and that prior detailed responses and case law support its position. Management expects no material financial impact and plans to appeal within 30 days to the Commissioner of Income Tax (Appeals).

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About TVS Srichakra Limited (TVSSRICHAK)

Automobile and Auto Components · Tyres · Listed on NSE

Market Cap: ₹3,388.55 CrP/E: 36.7ROE: 7.8%ROCE: 9.0%Div Yield: 0.85%

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📊 More TVSSRICHAK filings

🔴 Announcement — 29 September 2026TVS Srichakra Limited received a show cause notice from the Deputy Commissioner of State Tax allegin...
Announcement — 28 September 2026TVS Srichakra Limited announces that its trading window will close on October 1, 2026, ahead of the ...
🟡 Voting Results — 25 September 2026TVS Srichakra shareholders approved all four AGM resolutions with strong majorities, including adopt...
🔴 Announcement — 25 September 2026TVS Srichakra announced the opening of two new exclusive Eurogrip retail stores in Aligarh, Uttar Pr...
🟡 Board Meeting — 24 September 2026TVS Srichakra held its 43rd AGM on September 24, 2026 via video conference, confirming quorum, statu...

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

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