Sambhaav Media Limited has received a refund of ₹32,59,454 from the Income Tax Department following a rectification order for Assessment Year 2018-19. The order, issued by the Office of the Deputy Commissioner of Income Tax, Central Circle – 2(4), Ashram Road, Ahmedabad, deleted a previous demand of ₹43,22,980. The company received the communication on June 4, 2026, at 07:20 p.m.

The rectification order dated May 19, 2026, addressed the original assessment order for the specified financial period. The department confirmed that no violation or contravention was committed by the company. The deletion of the demand and the subsequent refund will improve the company's cash flow and financial position for the current fiscal year.

Details of the Order

The following table outlines the key details of the rectification order and its financial impact:

The submission was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Manisha Mali, Company Secretary, signed the disclosure on behalf of Sambhaav Media Limited.

Sanjay Gaur has resigned as Chief Marketing Officer of Sambhaav Media Ltd effective May 31, 2026, due to personal reasons. The resignation was accepted by the company on May 30, 2026. This leadership change impacts the company's marketing operations as it moves forward without its Chief Marketing Officer.

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulation mandates timely disclosure of material events, including key managerial personnel changes. The specific circular referenced is SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Gaur expressed gratitude towards the company's leadership, specifically thanking Manoj and Jagdish for the opportunity to serve. He also acknowledged the support of his colleagues and team during his tenure. His last working day was confirmed as May 31, 2026.

The following table details the specifics of the resignation as per the regulatory filing:

Sambhaav Media Ltd has accepted the resignation, concluding Gaur's tenure with the organization. The company continues its operations from its base in Ahmedabad.