News Stocks AMD Industries Limited Completes Income Tax Department Survey with No Material Business ImpactAMD Industries Limited Completes Income Tax Department Survey with No Material Business Impact
AMD Industries Limited has completed an Income Tax Department survey conducted under Section 133A of the Income Tax Act, 1961, which concluded on February 21, 2026, at 5:30 p.m. The survey, which began on February 17, 2026, was conducted at the company's office premises with full cooperation from the company. AMD Industries has confirmed that there is no material impact on business operations from the survey proceedings, and the company has fulfilled its disclosure obligations under SEBI Listing Regulations by informing stock exchanges and updating its website.
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AMD Industries Limited has announced the conclusion of an Income Tax Department survey action that was conducted on its office premises, with the company confirming no material impact on its business operations.
Survey Details and Timeline
The Income Tax Department conducted a survey action under Section 133A of the Income Tax Act, 1961, at AMD Industries Limited's office premises. The survey proceedings commenced on February 17, 2026, and were successfully concluded on February 21, 2026, at 5:30 p.m.
| Parameter: | Details |
|---|---|
| Survey Start Date: | February 17, 2026 |
| Survey End Date: | February 21, 2026 |
| Conclusion Time: | 5:30 p.m. |
| Legal Provision: | Section 133A of Income Tax Act, 1961 |
Company's Response and Cooperation
AMD Industries Limited has confirmed that the survey was conducted in the normal course of proceedings. The company has stated that it fully cooperated with the Income Tax Department throughout the survey process. This cooperation ensured that the proceedings were completed smoothly without any complications or extended delays.
Business Operations Impact Assessment
The company has assessed the impact of the survey proceedings on its business operations and has determined that there is no material impact requiring disclosure under the SEBI Listing Regulations. This assessment indicates that the company's manufacturing operations for crown caps, PET-preforms, plastic closures, bottles, and jars remain unaffected by the survey action.
Regulatory Compliance and Disclosure
In compliance with Regulation 30 read with Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, AMD Industries Limited has formally notified both the Bombay Stock Exchange Limited and National Stock Exchange of India Limited about the survey conclusion. The company has also made this information available on its official website at www.amdindustries.com , ensuring transparency with all stakeholders.
The intimation was signed by Radha Shakti Garg, Company Secretary and Compliance Officer, and submitted to the stock exchanges for information and record purposes.
Historical Stock Returns for Amd Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.52% | -2.55% | -16.78% | -14.79% | -5.77% | +129.92% |
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