Neeraj Paper Marketing Ltd has announced the sale of its immovable property in Delhi for Rs. 60 lakhs, as disclosed to BSE under SEBI Regulation 30 on April 3, 2026. The transaction involves the company's office property located at 217, Agarwal Prestige Mall, Pitampura, New Delhi.

Transaction Details

The property sale agreement involves the following key parameters:

Financial Impact and Property Details

The property being sold contributed rental income to the company's revenue stream. The financial contribution details are as follows:

Regulatory Compliance

The company has clarified that this transaction does not fall under several regulatory frameworks:

• The sale does not constitute a related party transaction
• It does not attract Regulation 37A of SEBI LODR Regulations, 2015
• The property does not constitute an undertaking or substantially the whole of the undertaking under Section 180(1)(a) of the Companies Act, 2013
• The transaction is not part of any Scheme of Arrangement

Company Statement

In its disclosure to BSE, the company emphasized that the sale will not have any impact on its operations. The transaction represents a straightforward property disposal that falls within normal business activities and does not require additional regulatory approvals or shareholder consent.

The disclosure was made in accordance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, and follows the company's earlier intimation dated February 13, 2026.

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.