BSECompany Update7 Aug 2026 · 7 Aug 2026, 05:17 pm
Update on disclosures filled under Regulation 30 of SEBI LODR.
Chambal Fertilisers & Chemicals Ltd · 500085
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Chambal Fertilisers & Chemicals Ltd has received an order from the Income Tax Department upholding a penalty of Rs. 96,86,205 under Section 271(1)(c) of the Income Tax Act, 1961, related to the disallowance of provision for loss of diminution in value of investments and expenses incurred on construction of an anicut. The company plans to challenge the order before the appropriate authority.
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Chambal Fertilisers & Chemicals Ltd - 500085 - Announcement Under Regulation 30 - Update
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CHAMBAL FERTILISERS AND CHEMICALS LIMITED
Ref. No. CFCL/SE/2026-27/40 August 7, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
25th Floor, Dalal Street Bandra Kurla Complex
Mumbai – 400 001 Bandra (East)
Mumbai – 400 051
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (SEBI LODR)
Dear Sirs,
Pursuant to Regulation 30 of SEBI LODR, and in continuation to our letter Ref. No. CFCL/SE/2025-26/84 dated
10/03/2026 regarding the order passed by the Assessment Unit, Income Tax Department levying penalty under Income
Tax Act, 1961, we have to furnish the following update in the said matter -
Sr. Particulars Letter Ref. No. CFCL/SE/2025-26/84
a. Name of the authority; Commissioner of Income-tax (Appeals), Income Tax Department
b. Nature and details of the action(s) Order-in-Appeal passed upholding penalty of Rs. 96,86,205/- u/s
taken, initiated or order(s) passed; 271(1)(c) of the Income Tax Act, 1961 against the order-in-original dated
09/03/2026 (passed by Assessment Unit, Income Tax Department)
c. Date of receipt of direction or 07/08/2026
order, including any ad-interim or
interim orders, or any other
communication from the authority;
d. Details of the Penalty upheld upon disallowance of provision for loss of diminution in
violation(s)/contravention(s) value of investments and expenses incurred on construction of an anicut.
committed or alleged to be
committed;
e. Impact on financial, operation or No impact on financial, operation or other activities of the Company, save
other activities of the listed entity, and except to the extent of the penalty levied as above.
quantifiable in monetary terms to
the extent possible. The Company has a good case on merits, and therefore, will challenge
the above order before the appropriate authority.
Kindly take the same on your record.
Thanking you,
Yours faithfully,
For Chambal Fertilisers and Chemicals Limited
(Tridib Barat)
Vice President - Legal & Company Secretary
Corporate One, First Floor, 5, Commercial Centre, Jasola, New Delhi - 110 025 • Tel.: 91-11-46581300, 41697900 • Fax: 91-11-40638679
Email : corporate@chambal.in • www.chambalfertilisers.com • CIN: L24124RJ1985PLC003293
Regd. Office : Gadepan, District Kota, Rajasthan -325 208
Tel No.: 91-744-2782915 ; Fax No : 91-7455-274130