Neeraj Paper Marketing Ltd has received an assessment order from the Deputy Commissioner of Income Tax for Assessment Year 2019-20, resulting in a tax demand of Rs. 77,56,540/-. The company disclosed this development to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Assessment Order Details

The income tax assessment order was passed on March 25, 2026, under section 147 read with section 143(3) of the Income-Tax Act, 1961, and was received by the company on March 30, 2026, at 12:30 PM. The order pertains specifically to Assessment Year 2019-20.

Income Additions and Violations

The assessment order includes additions totaling Rs. 52,79,800 made to the company's income for Assessment Year 2019-20. The additions were made under two specific sections of the Income Tax Act:

• Addition under section 28 of the Act
• Addition under section 69C of the Act

No penalties, restrictions, or sanctions have been imposed pursuant to the communication, according to the company's disclosure.

Financial Impact and Company Response

Neeraj Paper Marketing Ltd has stated that it does not anticipate any material impact on its financials, operations, or other activities arising from the assessment order, except for the demand raised of Rs. 77,56,540/- by the Income Tax Department. The company has indicated its intention to file an appeal against the assessment order.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30(13) of the SEBI Listing Regulations, along with relevant SEBI circulars. The company has provided comprehensive details as required under the regulatory framework, including the nature of the communication, financial implications, and planned course of action. Company Secretary and Compliance Officer Deepa Kumari signed the disclosure documents on March 30, 2026.

Neeraj Paper Marketing Ltd has disclosed to BSE Limited about an Income Tax Department search operation conducted at its registered office premises. The company made this disclosure under Regulation 30 of SEBI (Listing Obligation & Disclosure Requirement) Regulations, 2015.

Search Operation Details

The Income Tax Department initiated the search operation on March 18, 2026, at the company's registered office located at 218-222, Agarwal Prestige Mall, Plot No. 2 Community Center Along Road No. 44, Pitampura, Delhi – 110034. The operation concluded on March 20, 2026 at 08:20 P.M.

Company's Response and Compliance

During the search operation, the company's office operations were temporarily halted. Neeraj Paper Marketing cooperated fully with the authorities by providing all required information and documents as requested by the Income Tax Department. The company has confirmed that no further action or orders were passed by the authorities following the completion of the search.

Regulatory Disclosure Requirements

The disclosure was made in compliance with SEBI regulations, specifically under Regulation 30 read with 19(a) of Para A of Part A of Schedule III and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Company Secretary & Compliance Officer Deepa Kumari signed the disclosure document on March 21, 2026.

Impact Assessment

According to the company's filing, there are no violations or contraventions alleged to be committed. The company has stated that as of the disclosure date, there is no impact on the financial or operational activities of the listed entity. The company has committed to provide updates on the matter as and when required.

The company has assured stakeholders that it will continue to provide timely updates on any developments related to this matter in accordance with regulatory requirements.