BSECompany Update2d ago · 30 Jul 2026, 04:59 pm
PTC has informed the details regarding Demand notices received by Company from Income Tax Department towards Penalty, as per details enclosed.
PTC India Ltd · 532524
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PTC India Ltd has received demand notices from the Income Tax Department for penalties for the assessment years 2011-12, 2012-13, 2014-15, and 2015-16, totaling Rs. 62,22,564. The company has obtained favorable orders in March 2026, reducing the disallowance from Rs. 22,96,99,152 to Rs. 62,22,564, and has received penalty orders for Rs. 9,61,446, Rs. 5,91,960, Rs. 19,57,554, and Rs. 27,83,637 for the respective years.
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PTC India Ltd - 532524 - Announcement Under Regulation 30
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July 30, 2026
Listing Deptt./Deptt. of Corporate Relations
BSE Limited, Phiroze Jeejeebhoy Towers, Equity Scrip Code: 532524
Dalal Street Mumbai -400001
Listing Deptt.
National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G Bandra – Equity Symbol: PTC
Kurla Complex, Bandra (E) Mumbai -
400051
Dear Sir/ Madam,
SUB: DISCLOSURE OF EVENTS/ INFORMATION UNDER REGULATION 30 OF SEBI
(LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS,
2015
Pursuant to Regulation 30 read with Sub-para (20) of Para (A) of Part (A) of Schedule III of SEBI
(Listing Obligations and Disclosures Requirements) Regulation 2015, as amended, we hereby
submit the disclosure regarding Demand Notices received by PTC India Limited (‘the Company’)
from Income Tax department toward Penalty for Assessment Year 2011-12, 2012-13, 2014-15 and
2015-16 on July 29, 2026.
The relevant details as per the requirement of Regulation 30 of the Listing Regulations, read with
SEBI Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026, are
given in the enclosed ‘Annexure - A’.
The said information will also be uploaded on the website of the Company (www.ptcindia.com).
Thanking you,
Yours sincerely,
For PTC India Limited
(Rajiv Maheshwari)
Company Secretary
FCS- 4998
PTC India Limited
(Formerly known as Power Trading Corporation of India Limited)
CIN : L40105DL1999PLC099328
2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500.41595100, 46484200, Fax: 011-41659144
E-mail: info@ptcindia.com Website: www.ptcindia.com,
Annexure - A: Details of Demand Notice Issued under Section 156 of The Income Tax Act
Particulars Details
Name of the authority Income Tax Department
Nature and details of the action (s) taken, or order(s) Income Tax Department has issued Notices of
passed Demand under Section 156 of the Income Tax Act,
1961 towards Penalty under section 271(1)(c) of
the Income Tax Act, 1961 for Rs. 9,61,446/- for
AY 2011-12; Rs. 5,91,960/- for AY 2012-13, Rs.
19,57,554/- for AY 2014-15 and Rs. 27,83,637/-
for AY 2015-16.
Date of receipt of direction or order, including any ad
interim or interim orders, or any other July 29, 2026
communication from the authority
Details of the violation(s)/contravention(s) Income tax department made additions of Rs.
committed or alleged to be committed. 22,96,99,152/- under Rule 8D for AY 2011-12,
AY 2021-13, AY 2024-15 and AY 2015-16. The
Company obtained favorable orders in March
2026 and disallowance was reduced from Rs.
22,96,99,152/- to Rs. 62,22,564/-.
On disallowance of Rs. Rs. 62,22,564/-, the
Company has received Penalty Orders of Rs.
9,61,446/-; Rs. 5,91,960/-, Rs. 19,57,554/- and Rs.
27,83,637/- for AY 2011-12; AY 2012-13, AY
2014-15 and AY 2015-16 respectively under
section 271(1)(c) of the Income Tax Act, 1961.
The said Orders are currently appealable, and the
Company will contest these orders and file formal
appeals before the Commissioner of Income Tax
(Appeals).
Impact on financials, operation or other activities of There is no material impact on the financials,
the listed entity, quantifiable in monetary terms to operations and/or other activities of the Company
the extent possible due to the Penalty Orders.
PTC India Limited
(Formerly known as Power Trading Corporation of India Limited)
CIN : L40105DL1999PLC099328
2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500.41595100, 46484200, Fax: 011-41659144
E-mail: info@ptcindia.com Website: www.ptcindia.com,