Vidya Wires Ltd has closed its trading window for designated persons and their immediate relatives effective July 1, 2026. The restriction will remain in place until 48 hours after the declaration of the un-audited financial results for the first quarter ended June 30, 2026. This measure is in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

During this closed period, directors, key managerial personnel, officers, employees, and designated persons are prohibited from buying, selling, pledging, or dealing in the company's equity shares. The company stated that the date of the board meeting for the consideration and declaration of the Q1FY27 results will be communicated separately in due course.

The closure of the trading window is a standard regulatory procedure implemented to prevent insider trading while the company is in possession of unpublished price-sensitive information related to its financial performance. The results pertain to the first quarter and three-month period of the financial year 2026-27.

Key Details

The intimation was submitted to BSE Limited and National Stock Exchange of India Limited on June 23, 2026. The communication was signed by Shyamsundar Rathi, Chairman & Whole Time Director of Vidya Wires Ltd.

Vidya Wires Limited has received an assessment order from the Income Tax Department raising a demand of ₹24,72,60,254. The order, received on May 31, 2026, covers the block period from April 1, 2018, to April 23, 2025, and was issued by the Office of the Deputy Commissioner of Income Tax, Central Circle-3, Vadodara.

The assessment was passed under Section 158BC(1)(c) read with Section 143(3) of the Income Tax Act, 1961. The demand arises from certain additions and the disallowance of specific expenditures under various sections of the Act identified during the assessment proceedings.

Details of the Assessment Order

The following table outlines the key particulars of the order:

Company Response and Impact

Vidya Wires disclosed that it intends to file an appeal against the assessment order. The company stated that it does not expect any material impact on its financials, operations, or other activities as a result of the said order. No penalties or restrictions were imposed pursuant to the communication.