Prabhat Dairy has informed that the Income Tax Department has pursuant to the provisions of section 132(1) and section 133A of the Income Tax Act, 1961 conducted a search at the offices of the Company at Shrirampur, Pune and Navi Mumbai and also at the offices of the subsidiaries of the Company and the residence of Executive Directors residing at Shrirampur on October 09, 2015 which concluded in the early morning hours on October 12, 2015. The Company including all its subsidiaries and Directors have provided the fullest co-operation to the Department to complete the enquiry. It is to put on record that no undisclosed income was found as far as the Company and its subsidiaries are concerned.
The above information is a part of company’s filings submitted to BSE.
