5paisa Capital Receives Income Tax Order Involving ₹75.11 Lakh Demand

1 min read     Updated on 02 Apr 2026, 06:00 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

5paisa Capital Limited disclosed receiving an Income Tax order dated March 30, 2026, involving a demand of ₹75.11 lakh for disallowance of certain expenses. The order was issued by the Office of the Joint Commissioner of Income Tax (OSD), Central Circle – 4(4) and received by the company on April 01, 2026. The company plans to file an appeal within prescribed timelines and stated there is no material impact on its operations at this stage.

powered bylight_fuzz_icon
36678608

*this image is generated using AI for illustrative purposes only.

5paisa capital Limited has received an Income Tax order involving a demand of ₹75.11 lakh, the company disclosed to stock exchanges on April 02, 2026. The order was passed by the Office of the Joint Commissioner of Income Tax (OSD), Central Circle – 4(4) on March 30, 2026, and received by the company on April 01, 2026.

Income Tax Order Details

The tax authority has issued an order under the applicable provisions of the Income Tax Act, 1961, regarding disallowance of certain expenses. The order confirms a demand in respect of certain areas, with the total amount involved being ₹75.11 lakh.

Parameter Details
Issuing Authority Office of the Joint Commissioner of Income Tax (OSD), Central Circle – 4(4)
Order Date March 30, 2026
Receipt Date April 01, 2026
Demand Amount ₹75.11 lakh
Nature Disallowance of certain expenses

Company's Response and Next Steps

5paisa Capital stated it intends to file an appeal against the order within the prescribed statutory timelines. The company emphasized that it has maintained complete records and supporting documentation for all transactions and expressed confidence in substantiating its position before the authorities.

The company's key response points include:

  • Filing an appeal within prescribed statutory timelines
  • Maintaining complete records and supporting documentation
  • Confidence in substantiating its position
  • Submitting appropriate clarifications to authorities

Financial Impact Assessment

According to the company's disclosure, there is no material impact on the financial, operational or other activities of 5paisa Capital at this stage. The company is currently in the process of evaluating the order and determining the appropriate course of action.

Regulatory Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed both BSE Limited and The National Stock Exchange of India Limited about the development, maintaining its commitment to the highest standards of corporate governance and regulatory compliance.

The disclosure was signed by Charvi Panchmatia, Company Secretary & Compliance Officer, reaffirming the company's adherence to transparency requirements under SEBI regulations.

Historical Stock Returns for 5Paisa Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+5.61%+3.81%-11.53%-18.96%-23.96%+8.59%

How might this tax dispute affect 5paisa Capital's quarterly earnings and cash flow if the appeal is unsuccessful?

Could this income tax order signal increased regulatory scrutiny on expense claims across the fintech and brokerage sector?

What impact might prolonged tax litigation have on 5paisa Capital's expansion plans and capital allocation strategy?

5paisa Capital Limited Issues Corrigendum to Rights Issue Advertisement

2 min read     Updated on 24 Mar 2026, 10:43 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

5paisa Capital Limited issued a corrigendum to its rights issue advertisement, clarifying the dispatch timeline of issue materials. The company completed email dispatch on March 18, 2026, and physical dispatch on March 20, 2026, for its ₹4,688.23 million rights offering of up to 15,627,419 equity shares at ₹300.00 per share.

powered bylight_fuzz_icon
35827151

*this image is generated using AI for illustrative purposes only.

5paisa Capital Limited has published a corrigendum to its newspaper advertisement regarding the rights issue of equity shares, clarifying the timeline for dispatch of issue materials. The company filed the corrigendum with stock exchanges on March 24, 2026, following its original advertisement published on March 23, 2026.

Rights Issue Overview

The rights issue involves the offering of up to 15,627,419 fully paid-up equity shares with a face value of ₹10 each. The company has set the issue price at ₹300.00 per rights equity share, which includes a premium of ₹290.00 per share. The offering follows a 1:2 ratio, meaning eligible equity shareholders will receive one rights equity share for every two fully paid-up equity shares held as on the record date of Tuesday, March 17, 2026.

Issue Parameter: Details
Total Shares Offered: Up to 15,627,419 equity shares
Face Value: ₹10 per share
Issue Price: ₹300.00 per share
Premium: ₹290.00 per share
Total Issue Size: Up to ₹4,688.23 million
Rights Ratio: 1:2 (1 rights share for every 2 existing shares)
Record Date: Tuesday, March 17, 2026

Corrigendum Details

The corrigendum specifically addresses the section titled "Completion of Dispatch of Issue Material" in the original advertisement. The revised statement clarifies that the dispatch of the Application Form, Letter of Offer and Rights Entitlement Letter by email was completed on Wednesday, March 18, 2026, while the dispatch of physical copies of the Issue Material was completed on Friday, March 20, 2026.

Dispatch Method: Completion Date
Email Dispatch: Wednesday, March 18, 2026
Physical Dispatch: Friday, March 20, 2026
Corrigendum Published: March 24, 2026
Original Advertisement: March 23, 2026

Issue Timeline and Key Dates

The rights issue follows a structured timeline with specific dates for various activities. The issue will open on Friday, March 27, 2026, and close on Friday, April 10, 2026. Rights entitlements have already been credited to eligible shareholders' demat accounts on Wednesday, March 18, 2026, under the ISIN: INE618L20018.

Timeline Event: Date
Issue Opening Date: Friday, March 27, 2026
Last Date for On Market Renunciation: Tuesday, April 07, 2026
Date of Closure of Off-Market Transfer: Thursday, April 09, 2026
Issue Closing Date: Friday, April 10, 2026
Rights Entitlements Credited: Wednesday, March 18, 2026

Regulatory Compliance and Publication

The corrigendum has been published in multiple newspapers with wide circulation, including Financial Express (English national daily) - all editions, Jansatta (Hindi national daily) - all editions, and Navshakti (Marathi language daily) - Mumbai edition. The document is also available on the company's website at www.5paisa.com/investor-relations .

The company emphasized that the advertisement should be read in conjunction with this corrigendum, and all capitalized terms used in the corrigendum have the same meaning as ascribed in the Letter of Offer. MUFG Intime India Private Limited serves as the registrar to the issue, while the existing equity shares are listed on BSE Limited and National Stock Exchange of India Limited.

Historical Stock Returns for 5Paisa Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+5.61%+3.81%-11.53%-18.96%-23.96%+8.59%

How might the market reception of this rights issue at a significant premium impact 5paisa's stock price volatility in the coming weeks?

What strategic initiatives or expansion plans could 5paisa pursue with the ₹4,688 crore raised from this rights issue?

Will the timing correction in the corrigendum affect investor confidence or subscription rates for the rights issue?

More News on 5Paisa Capital

1 Year Returns:-23.96%