TATA Consumer Products has received significant relief from the Income Tax Department regarding a substantial tax dispute. The company has informed stock exchanges about receiving a rectification order that cancels the entire tax demand of ₹2,69,29,49,860 (including interest) that was previously raised against the company.

Official Rectification Order

The Deputy Commissioner of Income-tax, Circle 4(1), Kolkata, issued a rectification order bearing DIN: ITBA/REC/M/154/2025-26/1087371347(1) that provides comprehensive relief to the consumer goods company. The order addresses the tax demand that was originally raised by the Centralized Processing Center, Income-tax Department, Bengaluru.

Regulatory Compliance and Disclosure

TATA Consumer Products disclosed this development through official communication to major stock exchanges including NSE, BSE, and The Calcutta Stock Exchange on March 24, 2026. The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company had initially informed exchanges about the tax demand through a letter dated January 6, 2026, following an order from the Centralized Processing Center. The rectification order now completely reverses that demand and reinstates all claims made by the company in its modified tax return for Financial Year 2018-19.

Impact on Company Position

The cancellation of the ₹269 crore tax demand represents substantial financial relief for TATA Consumer Products. The restoration of claims in the company's modified return further strengthens its position with tax authorities, effectively resolving what appeared to be a significant disputed tax matter.

This favorable outcome demonstrates successful resolution of the company's dealings with the Income Tax Department and removes a considerable financial obligation from potential future settlements.

Tata Consumer Products Limited has been awarded an Environmental, Social and Governance (ESG) rating of 'A' by MSCI ESG Ratings and Research Private Limited under their new methodology. The company received this information on March 23, 2026, through an update on MSCI's website.

ESG Rating Details

The rating assessment was conducted independently by MSCI ESG without any engagement from Tata Consumer Products. The evaluation was based on the company's FY 2024-25 data that is available in the public domain.

Regulatory Compliance

The company has disclosed this development in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The intimation was made in accordance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

Tata Consumer Products has made this information available on its official website at www.tataconsumer.com as part of its transparency and disclosure obligations. The company emphasized that MSCI ESG independently prepared the report without any direct engagement or solicitation from the company.

Company Communication

The disclosure was signed by Delnaz Dara Harda, Company Secretary & Compliance Officer, on March 24, 2026. The communication was sent to major stock exchanges including the National Stock Exchange of India Limited, BSE Limited, and The Calcutta Stock Exchange Limited where the company's shares are listed.