Aditya Birla Capital Limited has secured a significant victory in a tax litigation matter involving its material subsidiary, with the Income Tax Appellate Tribunal (ITAT) dismissing the Income Tax Department's appeal against a favorable ruling.

Tax Litigation Background

The case pertains to Aditya Birla Sun Life Insurance Company Limited (ABSLI), a material subsidiary of Aditya Birla Capital. Earlier, the Deputy Commissioner of Income Tax had issued an Order Giving Effect (OGE) dated July 2, 2025, which nullified an entire tax demand pursuant to an order passed by the CIT(A).

ITAT Ruling and Timeline

Following the nullification of the tax demand, the Income Tax Department filed an appeal against the said order before the Income Tax Appellate Tribunal. However, the tribunal has now ruled in favor of the company and its subsidiary.

The key timeline of recent developments includes:

• ITAT Order Date: December 2, 2025
• Company Receipt: December 10, 2025
• Outcome: Department's appeal dismissed

Regulatory Compliance

Aditya Birla Capital has informed the stock exchanges about this development in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This update follows the company's earlier intimation filed on August 12, 2025, regarding the initial tax litigation matter.

Significance of the Ruling

The ITAT's decision to dismiss the Income Tax Department's appeal confirms the earlier favorable ruling that nullified the substantial tax demand of ₹2,123.62 crores against ABSLI. This outcome provides clarity on the tax position and removes the uncertainty that had been hanging over the subsidiary regarding this significant demand.

The resolution of this tax litigation matter represents a positive development for Aditya Birla Capital and its subsidiary, eliminating a potential financial liability and providing greater certainty for the company's operations moving forward.

Aditya Birla Capital Limited has been assigned an ESG rating of 68 by NSE Sustainability Ratings Analytics Limited, the company announced in a regulatory filing dated December 10, 2025. The rating assessment reflects the company's performance across Environmental, Social and Governance parameters.

ESG Rating Details

The ESG rating was independently prepared by NSE Sustainability Ratings Analytics Limited based on publicly available information. The company specifically clarified that it did not engage NSE Sustainability for obtaining this ESG rating.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement follows the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Rating Methodology

NSE Sustainability Ratings Analytics Limited conducted the assessment independently without any direct engagement from Aditya Birla Capital. The rating agency utilized information available in the public domain to evaluate the company's performance on various ESG parameters. This approach ensures an objective assessment of the company's sustainability practices and governance standards.

The ESG rating of 68 provides stakeholders with insights into Aditya Birla Capital's commitment to environmental responsibility, social impact, and governance practices. Such ratings have become increasingly important for investors and stakeholders in evaluating corporate sustainability performance.