Income Tax Department- National Faceless Assessment Centre-Delhi passed order imposing penalty of INR 1,719,057 u/s 271(1)(c) of the Income Tax Act, 1961 on The Bombay Dyeing and Manufacturing Company Limited. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority is May 21, 2024. Income Tax Department has alleged furnishing of inaccurate particulars of Income for A.Y. 2009-10.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: Appeal to be filed before Commissioner of Income Tax (Appeals). There is no material impact on the financial operations of the company.