NSEAction(s) initiated or orders passed1 Jul 2026 · 1 Jul 2026, 07:42 pm

Action(s) initiated or orders passed

Archean Chemical Industries Limited · ACI

✦ AI SummaryRegulatory

Archean Chemical Industries Limited has received a penalty order from the Deputy Commissioner of Income Tax under section 270A of the Income Tax Act, 1961 for under-reported income for the AY 2017-18, amounting to Rs. 34,24,248. The company will contest the order by filing an appeal.

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Earnings Impact2/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk6/10
Balance Sheet Risk0/10
Liquidity Impact8/10
Market Sentiment5/10

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Archean Chemical Industries Limited has informed the Exchange about Action(s) initiated or orders passed

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ARCHEAN_01072026193914_Intimation.pdf

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Archean Chemical Industries Limited Life’s good with our chemistry July 01, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Listing Operations Bandra-Kurla Complex, Bandra (E) P J Towers Dalal Street Mumbai-400051 Mumbai-400001 Symbol-ACI Scrip Code- 543657 Dear Sir/Madam, Sub: Intimation of Order under section 270A of the Income Tax Act, 1961 Reference: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Pursuant to the provisions of Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, (“SEBI LODR”) we hereby intimate the order received imposing penalty for the AY 2017-18 under section 270A of the Income Tax Act, 1961. The Company will be contesting the order by filing appeal before the Commissioner of Income Tax (Appeals) within the prescribed timelines. Based on a preliminary assessment, the Company is hopeful of a favorable outcome and does not reasonably expect the same to have any material financial impact on the Company. The requisite details, as per Regulation 30 read with Schedule III of the Listing Regulations and SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are attached with this intimation as Annexure-I. The above information will also be available on the website of the Company at www.archeanchemicals.com Kindly take the same on record. Thanking you Yours faithfully For ARCHEAN CHEMICAL INDUSTRIES LIMITED VIAJAYARAGHAVAN N E Company Secretary and Compliance Officer M. No. A41671 Encl: As Above Regd. Office : No.2, North Crescent Road, T Nagar, Chennai – 600017, Tamil Nadu, India. Ph: +91 44- 61099999 www.archeanchemicals.com, info@archeanchemicals.com; CIN: L24298TN2009PLC072270; GSTIN: 33AAHCA8471D3ZR Archean Chemical Industries Limited Life’s good with our chemistry Annexure-I Sl. No. Particular Details 1 Name of the authority Deputy Commissioner of Income Tax- Central Circle 1(4), Chennai 2 Nature and details of the The Penalty order is passed u/s 274 read order passed with section 270A of the Income Tax Act, 1961 amounting to Rs. 34,24,248 for the AY 2017-18. 3 Date of receipt of direction Order received on June 30, 2026. or order, including any ad- interim or interim orders, or any other communication from the authority 4 Details of the Penalty proceeding for under-reported violation(s)/contravention(s) income which is in consequence of committed or alleged to be misreporting thereof. committed 5 Impact on financial, The Company is in the process of filing operation or other activities appeal against the present penalty orders. of the listed entity, The financial impact of the demand if any quantifiable in monetary is to the extent of the Income Tax and terms to the extent possible Interest. Regd. Office : No.2, North Crescent Road, T Nagar, Chennai – 600017, Tamil Nadu, India. Ph: +91 44- 61099999 www.archeanchemicals.com, info@archeanchemicals.com; CIN: L24298TN2009PLC072270; GSTIN: 33AAHCA8471D3ZR