Legal7 Mar 2026, 11:01 am
Chambal Fertilisers Faces Rs. 1,35,24,064 Penalty by Income Tax Department
AI Summary
Chambal Fertilisers & Chemicals Ltd. has disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that the Assessment Unit of the Income Tax Department has passed an order under section 270A of the Income Tax Act, 1961, imposing a penalty of Rs. 1,35,24,064. The company is required to take this information on record.
Key Highlights
- Chambal Fertilisers & Chemicals Ltd. has been penalized by the Income Tax Department
- The penalty amount is Rs. 1,35,24,064
- The order has been passed under section 270A of the Income Tax Act, 1961
- The company is required to record this information as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015