BSECompany Update8 Oct 2026 · 8 Oct 2026, 05:33 pm
Update on Tax Litigation
Duroply Industries Ltd · 516003
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Duroply Industries Ltd has received an update on its tax litigation matter, where the Hon'ble High Court at Calcutta has set aside the final assessment order and remitted the matter back to the Assessing Authority.
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Duroply Industries Ltd - 516003 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015.
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Ref: 5404/26-27/0041 October 8, 2026
Department of Corporate Services
BSE Limited
25th Floor, P.J. Towers,
Dalal Street, Fort,
Mumbai - 400 001
Scrip Code: 516003
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015.
This is with reference to our disclosure dated August 14, 2023 and subsequent updates
submitted as part of the Quarterly Integrated Filing (Governance) in relation to income-tax
demand of Rs. 5,827.57 lacs for Assessment Year 2018-19, which the Company challenged by
way of Writ Petition before the Hon'ble High Court at Calcutta.
As an update to the matter, the Company wishes to inform that The Hon'ble High Court at
Calcutta has, vide its order dated October 6, 2026, set aside the final assessment order passed
on March 18, 2021 by the Assessing Authority and remitted the matter back to the Assessing
Authority. The Assessing Authority will pass an appropriate assessment order upon providing the
Company an opportunity of placing its case.
The details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-
CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A.
The aforesaid disclosure will also be made available on the website of the Company at
www.duroply.in
Kindly take the same on your records.
Yours faithfully,
For DUROPLY INDUSTRIES LIMITED
[KOMAL DHRUV]
Company Secretary
Annexure A
Details required under Regulation 30 of SEBI Listing Regulations read with SEBI
Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated
January 30, 2026
Particulars Details
The details of any change in the status The Income Tax Department raised a demand of Rs.
and/or any development in relation to 5,827.57 Lacs under section 156 of the Income-tax
such proceedings Act, 1961 for AY 2018-19, pursuant to the
assessment order under section 143(3) dated March
18, 2021. The Company challenged the demand in
Writ Petition before the Hon'ble High Court at
Calcutta.
The Hon'ble High Court at Calcutta has, vide its order
dated October 6, 2026, set aside the final
assessment order passed on March 18, 2021 by the
Assessing Authority and remitted the matter back to
the Assessing Authority. The Assessing Authority will
pass an appropriate assessment order upon
providing the Company an opportunity of placing its
case.
In the case of litigation against key Not applicable
management personnel or its
promoter or ultimate person in control,
regularly provide details of any change
in the status and/or any development
in relation to such proceedings
In the event of settlement of the Not applicable.
proceedings, details of such settlement
including terms of settlement,
compensation/penalty paid (if any)
and impact of such settlement on the
financial position of the listed entity