30-Sept-2026 19:31:03
SHRIRAMFINGeneral news
SHRIRAM FINANCE : SEBI ORDER IMPOSES ₹68 CR PENALTY
• The company has received an order from the Office of Assessment Unit of Income Tax Department levying a penalty of ₹67,90,07,293/- for Assessment Year 2009-10. • The penalty has been levied under Section 271(1)(c) of the Income Tax Act, 1961. • The alleged violation pertains to an incorrect claim of deduction of ₹199,76,67,825/-. • The company stated there is no material impact on financial, operation or other activities. • The company has strong merits in its case and will file an appeal before the first Appellate Authority. • This event/information occurred on September 29, 2026. Impact: Neutral (Regulatory penalty with appeal planned)
Shriram Finance Ltd
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