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Valiant Organics Ltd · 540145
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Valiant Organics Ltd has received a Rectification Order under Section 154 of the Income-tax Act, 1961, for Assessment Year 2015-16, in the name of erstwhile Amarjyot Chemical Limited. The order rectifies a mistake apparent from the record and determines a net amount payable of Rs. 22,15,080/-.
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Valiant Organics Ltd - 540145 - Announcement Under Regulation 30 - Receipt Rectification Order Under Income Tax Act, 1961
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October 01, 2026
To, To,
Listing/Compliance Department Listing/Compliance Department
BSE LTD National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No. C/1,
Dalal Street G Block Bandra-Kurla Complex,
Mumbai- 400 001 Bandra (E), Mumbai- 400 051.
SCRIP CODE – 540145 SYMBOL- VALIANTORG
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Receipt of Rectification Order under Section 154 of
the Income-tax Act, 1961
Dear Sir / Madam,
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“SEBI Listing Regulations”), we wish to inform you that the
Company has received a Rectification Order dated July 8, 2026, passed under Section 154 of the
Income-tax Act, 1961 (“Income-tax Act”) by the Centralized Processing Centre, Income Tax
Department, Bengaluru, in respect of Assessment Year 2015-16, in the name of erstwhile Amarjyot
Chemical Limited (“ACL”). ACL was amalgamated with and into Valiant Organics Limited pursuant to
a Scheme of Amalgamation, which became effective on April 19, 2019. Accordingly, the aforesaid
order pertains to the erstwhile ACL and relates to a period prior to its amalgamation with the
Company. The Company is examining the order and will take such appropriate steps as may be
advised.
The details required pursuant to Regulation 30 read with Schedule III of the SEBI Listing Regulations
and Regulation 30(13) read with the Industry Standards on Regulation 30 are enclosed as Annexure
Further, we hereby state and declare that the information and details provided in Annexure A, in
compliance with Regulation 30(13) of the SEBI Listing Regulations, are true, correct and complete to
the best of our knowledge and belief.
The above information will also be made available on the website of the Company at
www.valiantorganics.com
Kindly take the same on your record.
Thanking You.
Yours faithfully,
For Valiant Organics Limited
Kaustubh Kulkarni
Company Secretary
ICSI M.NO: A52980
Encl: a/a
Regd. Office:109, Udyog Kshetra, 1st Floor, Mulund Goregaon Link Rd, Mulund (W), Mumbai 400 080, Maharashtra, India.
Corporate Office: 701-A, 7th Floor, Tower-B, Embassy 247, L.B.S. Road, Vikhroli (W), Mumbai - 400 083, Maharashtra, India.
+91 22 6797 6683 • info@valiantorganics.com • www.valiantorganics.com
CIN NO.: L24230MH2005PLC151348
Annexure A
Sr. No. Particulars Details
1. Name of the listed company Valiant Organics Limited.
2. Type of communication received / Rectification Order dated July 8, 2026, passed
Nature and details of the order passed under Section 154 of the Income-tax Act, 1961
in respect of Assessment Year 2015-16, in the
name of erstwhile Amarjyot Chemical Limited
(“ACL”). Pursuant to the order, the net amount
payable is Rs. 22,15,080/-.
3. Date of receipt of communication / order The Company became aware of and received
the physical copy of the Rectification Order on
October 01, 2026 at 12.30 p.m.
4. Name of the authority from whom the Centralized Processing Centre, Income Tax
communication / order was received Department, Bengaluru.
5. Brief summary of the material contents The present Rectification Order has been
of the communication, including reasons passed under Section 154 of the Income-tax
for receipt of the communication Act, 1961 and refers to an earlier rectification
order dated March 31, 2026. As recorded in the
present order, a refund of Rs. 6,65,470/- issued
earlier was not considered and an incorrect
addition had been made to the total income due
to technical issues. The present order
accordingly rectifies the said computation and
determines a net amount payable of Rs.
22,15,080/-
6. Period for which the communication is Assessment Year 2015-16.
applicable
7. Details of violation(s) / contravention(s) / No separate violation or contravention has
aberrations or non-compliances been alleged under the present Rectification
identified by the authority Order. The order has been passed for
rectification of a mistake apparent from the
record, as described in the order.
8. Details of penalty, restriction or sanction Nil. No penalty, restriction or sanction has been
imposed pursuant to the communication imposed under the Rectification Order.
/ order
9. Expected financial implications / impact The present Rectification Order determines a
on the financial, operational or other net amount payable of Rs. 22,15,080/-. The
activities of the Company, quantifiable in Company is examining the order and the
Regd. Office:109, Udyog Kshetra, 1st Floor, Mulund Goregaon Link Rd, Mulund (W), Mumbai 400 080, Maharashtra, India.
Corporate Office: 701-A, 7th Floor, Tower-B, Embassy 247, L.B.S. Road, Vikhroli (W), Mumbai - 400 083, Maharashtra, India.
+91 22 6797 6683 • info@valiantorganics.com • www.valiantorganics.com
CIN NO.: L24230MH2005PLC151348
Sr. No. Particulars Details
monetary terms to the extent possible financial implication, if any, will be dealt with
appropriately. No material impact on the
operations or other activities of the Company is
expected.
10. Action(s) taken or proposed to be taken The Company is examining the Rectification
by the Company Order and will take such appropriate steps as
may be advised. The Company will continue to
monitor the matter and any material
development or update, if required to be
disclosed under the applicable provisions, will
be reported in accordance with Regulation 30
of the SEBI Listing Regulations, including
through the quarterly Integrated Filing
(Governance) under “Disclosure of Updates to
Ongoing Tax Litigations or Disputes”, as
applicable.
11. Any other relevant information The order has been issued in the name of
erstwhile ACL, which was amalgamated with
and into Valiant Organics Limited pursuant to
the Scheme of Amalgamation which became
effective on April 19, 2019. The order pertains
to Assessment Year 2015-16, i.e. a period prior
to the amalgamation.
Reason for delayed intimation: The Company
had not received any formal email
communication in relation to the order and the
same could not be traced/accessed by the
Company on the Income-tax e-filing portal at
the relevant time. The Company became aware
of the order upon receipt of its physical copy on
October 01, 2026 and, upon receipt and
verification thereof, is making this disclosure
promptly.
Regd. Office:109, Udyog Kshetra, 1st Floor, Mulund Goregaon Link Rd, Mulund (W), Mumbai 400 080, Maharashtra, India.
Corporate Office: 701-A, 7th Floor, Tower-B, Embassy 247, L.B.S. Road, Vikhroli (W), Mumbai - 400 083, Maharashtra, India.
+91 22 6797 6683 • info@valiantorganics.com • www.valiantorganics.com
CIN NO.: L24230MH2005PLC151348