NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company1d ago · 24 Sept 2026, 05:35 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Munjal Showa Limited · MUNJALSHOW
✦ AI SummaryLitigation
Munjal Showa Limited has received a notice of assessment from the Excise and Taxation officer-cum-Assessing Authority Gurugram (Haryana) pertaining to Assessment Years 2008-09 to 2014-15, aggregating proposed tax assessments of Rs. 3.27 Crore. The company believes the proposed tax assessments are not maintainable and is evaluating the legal remedies available to it.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Munjal Showa Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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MUNJALSHOW_24092026173427_Intimation_Haryana_Tax_Notice_MSL_24092026_sd.pdf
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September 24, 2026
The D.G.M. (Listing) The Asst. Vice President
Corporate Relation Department Listing Department
BSE Ltd National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1, G Block,
Dalal Street Bandra-Kurla Complex
Mumbai-400 001 Bandra (E), Mumbai – 400 051
Security Code: 520043 Security Code: MUNJALSHOW
Subject: Intimation under Regulation 30 read with Schedule III of SEBI (Listing Obligations &
Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)
Dear Sir/ Madam,
You are kindly informed that Munjal Showa Limited (“the Company”) has received Notice of
Assessment under Section 9 of the Haryana Tax on Entry of Goods into Local Areas Act, 2008 from
the Excise and Taxation officer-cum Assessing Authority Gurugram (Haryana) pertaining to
Assessment Years 2008-09 to 2014-15.
The requisite information as per Para B of Part A of Schedule III read with Regulation 30 of the Listing
Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026 is given as Annexure - “A”.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Munjal Showa Limited
Ravinder Sharma
Company Secretary & Compliance Officer
Membership No.: A72077
Annexure – “A”
Brief details of litigation viz. name(s) of the Excise & Taxation Department, Gurugram
opposing party, court/ tribunal/agency where
litigation is filed, brief details of Excise & Taxation Officer-cum-Assessing
dispute/litigation Authority, Ward-02, Gurugram (North),
Gurugram, Haryana
The Company has received Notice of Assessment
aggregating proposed tax assessments of Rs. 3.27
Crore for Assessment Years 2008-09 to 2014-15,
issued under the Haryana Tax on Entry of Goods
into Local Areas Act, 2008.
Expected financial implications, if any, due to Based on its assessment, the Company believes the
compensation, penalty etc. proposed tax assessments are not maintainable and
is evaluating the legal remedies available to it. The
Company does not anticipate any material impact
on its financial position, operations, or other
activities as a result of these Notices of
Assessment.
Quantum of claims, if any The proposed tax assessments are as follows:
AY 2008-09 Rs. 0.33 Crore
AY 2009-10 Rs. 0.37 Crore
AY 2010-11 Rs. 0.41 Crore
AY 2011-12 Rs. 0.46 Crore
AY 2012-13 Rs. 0.51 Crore
AY 2013-14 Rs. 0.56 Crore
AY 2014-15 Rs. 0.63 Crore
Total Rs. 3.27 Crore