SBFC Finance Resolves Telangana Profession Tax Notice with Nil Demand

1 min read     Updated on 11 Oct 2025, 03:10 PM
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Reviewed by
Radhika SahaniScanX News Team
Overview

SBFC Finance Limited has successfully resolved a Show Cause Notice issued by the Telangana Commercial/State Taxes Department regarding alleged non-payment of Profession Tax. The company received confirmation of the notice's closure with nil demand on October 10, 2025. SBFC Finance had promptly responded to the notice, providing evidence of tax payment. The resolution has no financial or operational impact on the company.

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SBFC Finance Limited, a prominent player in the Indian financial services sector, has successfully resolved a regulatory matter with the Government of Telangana. The company announced on October 11, 2025, that it had received confirmation of the closure of a Show Cause Notice issued by the Telangana Commercial/State Taxes Department, with nil demand.

Background of the Notice

The Show Cause Notice, originally issued under Section 8 of the Telangana Profession Tax Act, 1987, pertained to allegations of non-payment of Profession Tax and non-filing of tax returns. SBFC Finance had promptly responded to the notice, providing clarification and evidence that the required Professional Tax had been duly paid.

Resolution Details

The resolution of this regulatory matter unfolded as follows:

Date Event
April 23, 2025 SBFC Finance receives Show Cause Notice
October 9, 2025 Professional tax office endorses closure of the notice
October 10, 2025 Company receives official communication confirming closure with nil demand
October 11, 2025 SBFC Finance makes public disclosure of the resolution

Impact on the Company

In its disclosure to the National Stock Exchange of India Limited and BSE Limited, SBFC Finance emphasized that this development has no financial or operational impact on the company. The swift resolution of this matter demonstrates the company's commitment to regulatory compliance and its ability to effectively address regulatory inquiries.

Management's Response

Namrata Sajnani, Company Secretary & Chief Compliance Officer of SBFC Finance Limited, signed the official communication to the stock exchanges. The company's proactive approach in responding to the Show Cause Notice and its transparent communication with stakeholders underscores its dedication to maintaining good corporate governance practices.

This resolution brings closure to the regulatory inquiry and reaffirms SBFC Finance's standing as a compliant entity in the financial services sector. Investors and stakeholders can take confidence in the company's ability to navigate regulatory challenges effectively, ensuring continued focus on its core business operations.

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SBFC Finance Sets Board Meeting for Q2 Results, Implements Trading Window Closure

1 min read     Updated on 25 Sept 2025, 08:06 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

SBFC Finance Limited has announced a board meeting on November 1, 2025, to review and approve unaudited financial results for Q2 and H1 ending September 30, 2025. The company has implemented a trading window closure for designated persons from October 1, 2025, until 48 hours after the results declaration, in compliance with SEBI regulations. The financial results will be available on the company's investor relations website.

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SBFC Finance Limited, a prominent player in the financial services sector, has announced a significant upcoming event in its corporate calendar. The company has scheduled a board meeting for November 1, 2025, to review and approve its unaudited financial results for the second quarter and half-year ending September 30, 2025.

Board Meeting Details

The board meeting, set for November 1, 2025, will primarily focus on the consideration and approval of SBFC Finance's financial performance for Q2 and H1 of the fiscal year 2025-26. This meeting is in compliance with Regulation 29 and Regulation 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In line with regulatory requirements and to ensure fair trading practices, SBFC Finance has implemented a closure of the trading window for its designated persons and their immediate relatives. The trading window will remain closed from October 1, 2025, until 48 hours after the declaration of the financial results.

This measure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons and their Immediate Relatives.

Key Points

  • Board Meeting Date: November 1, 2025
  • Purpose: To consider and approve unaudited financial results for Q2 and H1 FY2025-26
  • Trading Window Closure: From October 1, 2025, to 48 hours post results declaration
  • Applicable to: Designated persons and their immediate relatives

Investor Information

SBFC Finance has assured that this information will be made available on the company's official website at https://www.sbfc.com/investors . This transparency allows shareholders and potential investors to stay informed about the company's financial calendar and important corporate events.

The company's proactive approach in scheduling the board meeting and implementing the trading window closure demonstrates its commitment to regulatory compliance and transparent corporate governance practices. Investors and market analysts will be keenly watching for the Q2 results, which will provide insights into SBFC Finance's performance amidst the current economic landscape.

As the financial sector continues to evolve, SBFC Finance's upcoming results will be a key indicator of its operational efficiency and market position in the competitive lending space.

Historical Stock Returns for SBFC Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+4.56%+3.74%+4.28%+15.52%+28.19%+22.38%
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