Setco Automotive has informed that the Directors of the Company have received notices under section 2(35) of Income Tax Act, 1961 for the FY2020-21 dated May 16, 2023 received on May 20, 2023. The Directors of the Company are in the process of submitting their appropriate replies to the Income Tax Department in response to the said notices.
The above information is a part of company’s filings submitted to BSE.