BSECompany Update22h ago · 1 Aug 2026, 05:52 pm
PTC informs about the details regarding Demand notice received by the Company from Income Tax Department towards penalty, as per details enclosed.
PTC India Ltd · 532524
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PTC India Ltd has received a demand notice from the Income Tax Department for a penalty of Rs. 11,80,047/- for Assessment Year 2013-14. The company has obtained a favorable order in March 2026, reducing the disallowance from Rs. 4,65,78,838/- to Rs. 12,12,357/-, and has received a penalty order of Rs. 11,80,047/- for AY 2013-14 under section 271(1)(c) of the Income Tax Act, 1961.
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PTC India Ltd - 532524 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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August 1, 2026
Listing Deptt. / Deptt. of Corporate Relations
BSE Limited.
Equity Scrip Code: 532524
Phiroze Jeejeebhoy Towers, Dalal Street
Mumbai -400001
Listing Deptt.
National Stock Exchange of India Limited
Equity Symbol: PTC
Exchange Plaza, C-1, Block G Bandra – 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 Notice received by PTC India Limited (‘the Company’) from Income Tax department
toward Penalty for Assessment Year 2013-14 on July 31, 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 Notice 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. 11,80,047/- for AY
2013-14.
Date of receipt of direction or order, including any
adinterim or interim orders, or any other communication July 31, 2026
from the authority
Details of the violation(s)/contravention(s) committed Income tax department made additions of Rs.
or alleged to be committed. 4,65,78,838/- under Rule 8D for AY 2013-14. The
Company obtained favorable order in March 2026
and disallowance was reduced from Rs.
4,65,78,838/- to Rs. 12,12,357 /-.
On disallowance of Rs. 12,12,357/-, the Company
has received Penalty Order of Rs. 11,80,047/- for AY
2013-14 under section 271(1)(c) of the Income Tax
Act, 1961.
The said Order is currently appealable, and the
Company will contest this order and file formal
appeal before the Commissioner of Income Tax
(Appeals).
Impact on financials, operation or other activities of the There is no material impact on the financials,
listed entity, quantifiable in monetary terms to the operations and/or other activities of the Company
extent possible due to the Penalty Order.
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,