Trans India House Impex Limited has received a notice of demand from the Income Tax Department amounting to Rs 60,49,80,790 for Assessment Year 2024-25. The demand, raised under Section 156 of the Income-Tax Act, 1961, follows an assessment order dated June 20, 2026, passed under Section 143(3) of the Act. The company stated that the demand includes interest and is currently being reviewed for legal recourse.

The company disclosed that it believes the demand is not maintainable and is in the process of preferring an appeal before the Commissioner of Income Tax (Appeals). Management indicated that there is no impact on the operations or other activities of the company. The financial impact is limited to the extent of the income tax on the subject contribution and the interest thereon.

Details of the Demand

The communication was received by the company on June 20, 2026. The disclosure was submitted to the exchange on June 30, 2026, following internal administrative procedures.

Trans India House Impex Ltd has closed its trading window for designated persons and their immediate relatives effective July 1, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The restriction will remain in force until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. This measure is intended to ensure compliance with the Company's Code of Conduct for Regulating, Monitoring, Preventing and Reporting of Trading by Designated Persons.

During this closed period, employees, directors, key managerial personnel, and designated persons, along with their immediate relatives, are prohibited from dealing in the equity shares of the company. The decision aligns with regulatory requirements to prevent insider trading during the sensitive period surrounding financial result announcements.

The company has stated that the specific date for the board meeting, which will consider and declare the unaudited financial results for Q1FY27, will be communicated subsequently. The intimation was formally addressed to the Department of Corporate Services at BSE Limited on June 23, 2026.

Key Details

The closure impacts all designated persons and their immediate relatives, ensuring no trading activity occurs while the financial results are being finalized and prepared for public release.