Neeraj Paper Marketing has received an order from the Commissioner of Income Tax (Appeals) granting relief of ₹54.41 lakh in its ongoing income tax litigation for Assessment Year 2019-20. The company filed the appeal against an earlier assessment order that had raised a demand of ₹77.56 lakh.

The appellate authority passed the order on August 17, 2026, which the company received on August 26, 2026. The relief was granted by deleting certain additions and disallowances made by the assessing officer.

Litigation Details

The dispute originated from an assessment order dated March 25, 2026, issued by the Deputy Commissioner of Income Tax under Section 143(3) read with Section 147 of the Income-Tax Act, 1961. Neeraj Paper Marketing challenged this order before the Commissioner of Income Tax (Appeals).

In its order under Section 250 of the Income-Tax Act, 1961, the CIT(A) restricted the addition under Section 69C to only ₹6.59 lakh. This decision significantly reduced the disputed amount from the initial demand.

Financial Implications

The company stated that it does not expect any material impact on its financial position or operations arising from this order. However, the final quantum of tax demand remains unascertained as it will be decided by the assessing officer based on the appellate order.

Regulatory Disclosure

Neeraj Paper Marketing made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will provide further updates once the assessing officer ascertains the final tax demand.

Neeraj Paper Marketing has scheduled its 31st Annual General Meeting for Monday, September 28, 2026, at 11:30 am. The meeting will be conducted through video conferencing or other audio-visual means.

Meeting Logistics

The company will hold the AGM without physical presence of members at a common venue, in compliance with General Circulars No. 14/2020, No. 17/2020, and No. 20/2020 issued by the Ministry of Corporate Affairs. This aligns with SEBI circulars permitting remote participation.

Notice of the AGM and the Annual Report will be sent individually via email only to shareholders who have registered their email addresses with the depository or the registrar and transfer agent. Physical copies of the notice will not be dispatched.

The notice is also available on:

• The company website: www.neerajpaper.com/notices
• The stock exchange website: www.bseindia.com
• The e-voting portal: www.evotingindia.com

Shareholder Compliance

Members holding shares in physical mode must update their KYC and email addresses with the company or the registrar, Beetal Financial & Computer Services Private Limited. Those holding dematerialized shares should update their details with relevant depository participants.

Special Window for Physical Shares

Pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-PODI/3750/2026 dated January 30, 2026, a special window is open from February 5, 2026, to February 4, 2027. This facilitates the transfer and dematerialization of physical securities sold or purchased prior to April 1, 2019. Shareholders wishing to re-lodge transfer deeds may contact the registrar at beetalra@gmail.com .