StockWatch
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Trading & Distributors
Legal29 Sept 2026, 11:43 am

Balgopal Commercial Premises Visited by Income Tax Dept

AI Summary

Balgopal Commercial Ltd announced that officers from the Income Tax Department visited its premises yesterday and are continuing proceedings. Communication with directors and senior management is restricted as their mobile phones are switched off and access is limited. The company is monitoring the situation, assessing the impact, and examining its course of action regarding the scheduled AGM. Further updates will be provided as information becomes clear.

Key Highlights

  • Income Tax Department officers visited company premises.
  • Communication with management is currently restricted.
  • AGM proceedings are under review due to the situation.
  • Company is monitoring and assessing the impact.