NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company5d ago · 14 Aug 2026, 05:28 pm
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Sapphire Foods India Limited · SAPPHIRE
✦ AI SummaryLitigation
Sapphire Foods India Limited has informed the Exchange about the pendency of litigation or dispute impacting the company. The Income Tax Department had preferred an appeal with the Income Tax Appellate Tribunal (ITAT) against the company's favourable order from the Income Tax Department, Appeals. The ITAT has dismissed the appeal and upheld the order passed by CIT(A).
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk3/10
Liquidity Impact5/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Sapphire Foods India Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Attachments (1)
📄pdf
Download →
SAPPHIRE_14082026172751_NSE.pdf
View document text
Date 14 August 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, Block G, C/1, Bandra Kurla Phiroze Jeejeebhoy Towers,
Complex, Bandra (E), Mumbai – 400051 Dalal Street, Mumbai – 400001
Symbol: SAPPHIRE Scrip Code: 543397
Ref: Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (as amended)
Sub: Update on Disclosure of Continuing Events and Information
This is in furtherance to our intimation letter dated 2 September 2025, whereby the Company
had informed about receipt of favourable order from Income Tax Department, Appeals [“CIT(A)”],
Ranchi pertaining to Gamma Pizzakraft Lanka (Private) Limited (“Gamma Lanka”), wholly owned
subsidiary of the Company situated at Sri Lanka.
In this regard, please find below further update on the said matter:
Particulars Description
The details of any change in the status and / The Income tax department had preferred
or any development in relation to such filing appeal with Income Tax Appellate
proceedings Tribunal (“ITAT”) against favourable order
received by company from CIT(A).
ITAT on 12 August 2026 (order received on
13 August 2026), dismissed the appeal filed
by the Income Tax Department and upheld the
order passed by CIT(A).
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 proceedings, Not applicable
details of such settlement including - terms of
the settlement, compensation/ penalty paid
(if any) and impact of such settlement on the
financial position of the listed entity.
Sapphire Foods India Limited +91 022 67522300
CIN: L55204HR2009PLC145722 info@sapphirefoods.in
www.sapphirefoods.in
Registered Office: SCO 328, Sector - 9, Panchkula -134109, Haryana
Corporate Office: 702, Prism Tower, A-Wing, Mindspace, Link Road, Goregaon (W), Mumbai- 400062
Request you to kindly take the same on record.
For Sapphire Foods India Limited
T hanking you,
Sachin Dudam
Company Secretary & Compliance Officer