Kaushalya infrastructure Development Corporation Limited has fulfilled its quarterly regulatory compliance requirements by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the compliance certificate to both major stock exchanges on April 10, 2026. The submission was made in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting of dematerialization activities.

Certificate Details

CB Management Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 3, 2026. The certificate specifically confirms that no dematerialization requests for equity shares were processed during the reporting period from January 1, 2026 to March 31, 2026.

Stock Exchange Information

Kaushalya Infrastructure Development Corporation Limited maintains its listing on both major Indian stock exchanges. The company's shares are traded under specific codes on each platform.

Corporate Authorization

The regulatory submission was authorized and signed by Sanjay Lal Gupta, who serves as both Whole-time Director and Company Secretary of Kaushalya Infrastructure Development Corporation Limited. The digital signature was applied on April 10, 2026, ensuring proper corporate governance and compliance with regulatory requirements.

This quarterly compliance submission demonstrates the company's commitment to maintaining transparency and adhering to SEBI regulations governing depositories and participants in the Indian securities market.

Kaushalya infrastructure Development Corp. Ltd. has informed stock exchanges about receiving significant income tax assessment orders and demand notices from the tax authorities. The company disclosed this development under regulatory compliance requirements on March 25, 2026.

Assessment Orders and Demand Details

The company received assessment orders under Section 147 read with Section 144 of the Income Tax Act, 1961, covering seven assessment years. The demand notices under Section 156 were dated March 18, 2026, and received by the company on March 24 and 25, 2026.

Nature of Tax Disputes

According to the assessment orders, the Income Tax Department has treated certain amounts as deemed income in the hands of the company for the assessment years 2017-18, 2018-19, 2019-20, 2020-21, and 2022-23. This treatment has resulted in the consolidated demand of Rs. 5,45,61,668 across all the mentioned assessment years.

The company received most of the notices and corresponding orders on March 24, 2026, after the close of business hours, with some additional notices received the following day.

Company's Response and Impact Assessment

Kaushalya Infrastructure Development Corp. has stated that it is currently evaluating the assessment orders and does not agree with the observations and adjustments made by the tax authorities. The company expressed confidence in having strong legal and factual grounds to challenge the assessment orders.

The company has assured stakeholders that the assessment orders and demand notices do not have any significant or adverse impact on the company's financial position, operations, or other activities. The matter will be appropriately contested and pursued before the relevant appellate authorities under due process of law.

Regulatory Compliance

This disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The information has also been made available on the company's website for stakeholder reference. The disclosure follows the requirements under the SEBI Master Circular dated January 30, 2026, ensuring transparency in material developments affecting the company.