Redington has informed that the Company has received a favourable order from the Commissioner of Income Tax (Appeals) for the Assessment Year 2021-22 quashing the demand of INR 136.25 Cr raised by Assessing officer for the said Assessment Year. The Company had earlier intimated to the Stock Exchange on 29 December 2023 about receipt of the assessment order for Assessment Year 2021-2022 along with notice of demand for INR 136.25 Cr from the Income Tax Department. As intimated in the previous communication, the Company had contested the demand before the appropriate appellate authorities and has now obtained a favourable order. Details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, are enclosed in the Annexure A. The same will also be updated on the website of the Company at https://redingtongroup.com.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Redington | 215.90 |
| Adani Enterprises | 2404.05 |
| Amrapali Industries | 18.00 |
| Rashi Peripheral | 458.60 |
| PDS | 274.45 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: