01-Oct-2026 16:57:57

THIRUMALAI CHEMICALS : SHOW CAUSE NOTICE ISSUED BY COMMERCIAL TAX DEPT

• Received a show cause notice from the Deputy Commissioner, Commercial Tax Department, Ranipet, Tamil Nadu. • Notice is for alleged output turnover discrepancies, input tax discrepancies, and ITC reversals discrepancies. • Total dues amounting to ₹1,731.47 lakhs for FY 2023-24. • Company will submit its response within prescribed timelines. • Company believes financial implication, if any, will be insignificant. Impact: Neutral (Show cause notice received; financial impact expected to be insignificant)

Thirumalai Chemicals Ltd

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