Envair Electrodyne Pays ₹18.47 Lakh Income Tax TDS Demand

Envair Electrodyne Ltd has disclosed the payment of an income tax TDS demand amounting to ₹18,47,440. The demand was raised by the Income Tax Department on July 15, 2025, due to TDS mismatches for various financial years (2007-08 to 2022-23 and 2019-20 to 2022-23). The company made the full payment on July 25, 2026. Envair Electrodyne clarified a delay in submitting this disclosure, attributing it to the reconciliation of additional outstanding demands reflected on the Income Tax portal and subsequent internal approval processes. The company stated that this payment has no material adverse impact on its operations or financial activities.