United Foodbrands Faces ₹8.63 Cr Tax Demand

United Foodbrands Ltd received an Assessment Order and Notice of Demand from the Deputy Commissioner of Income Tax, Bengaluru, on May 31, 2026, pertaining to Assessment Year 2023-24. The order includes an addition of ₹2.78 crores to the company's total income due to transfer pricing adjustments related to royalty received from Associated Enterprises. Consequently, a demand of ₹8.63 crores has been issued, including income tax and interest. United Foodbrands believes the demand is without considering carry forward losses of ₹28.30 crores and is filing an appeal and a rectification application.