Jai Balaji Industries Limited has received an assessment order from the Income Tax Authority demanding a tax liability of Rs 12.89 crore. The order, dated June 27, 2026, was received by the company on June 30, 2026. The demand pertains to the block period from April 1, 2018, to November 30, 2024, and was passed by the Office of the Deputy Commissioner of Income Tax, Central Circle-4(1), Kolkata.

The assessment was conducted under section 158BC of the Income-tax Act, 1961. The authority made certain additions and adjustments to the income reported by the company, resulting in the determined tax liability. The company is currently evaluating the order and intends to file an appeal before the appropriate appellate authority.

Details of the Assessment Order

The disclosure regarding the assessment order provides specific details regarding the nature of the action and the financial implications involved.

Company Response and Impact

Jai Balaji Industries stated that it is in the process of filing an appeal against the order. Based on its assessment of the facts and prevailing law, the company believes that the appropriate course of action is to challenge the demand before the appellate authority.

Regarding the potential impact, the company disclosed that it does not envisage any material impact on its financials, operations, or other activities arising from the order at present. The intimation was submitted to the exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Jai Balaji Industries has closed its trading window for designated persons and their immediate relatives effective July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The restriction will remain in force until 48 hours after the declaration of the unaudited financial results for the first quarter ended June 30, 2026. This measure ensures that no insider trading occurs while the company is in possession of unpublished price-sensitive information related to its quarterly performance.

The closure applies to all designated persons associated with Jai Balaji Industries and their immediate relatives. The company stated that the specific date of the board meeting, where the financial results for Q1FY27 will be considered, will be communicated in due course. The trading window will reopen only after the stipulated period following the results declaration.

Trading Window Schedule

The intimation was formally addressed to the National Stock Exchange of India Limited and BSE Limited by Company Secretary Ajay Kumar Tantia. The company's scrip is traded under the codes JAIBALAJI on the NSE and 532976 on the BSE.