Schneider Electric Infrastructure Limited has received an updated stay order from the Income Tax Appellate Tribunal with revised payment terms for a tax dispute that has seen the demand amount increase to INR 17.12 crore from the previously reported INR 13.82 crore.

Updated Stay Order Details

The Income Tax Appellate Tribunal, Ahmedabad "D" Bench issued a revised stay order dated February 13, 2026, following a hearing on the company's stay application. The company received this updated order on February 13, 2026 at 04:19 p.m. (IST), replacing the earlier order dated February 9, 2026.

Revised Tax Demand and Payment Terms

The tax demand has been revised upward to INR 17,12,36,410 for Assessment Year 2021-22, representing an increase from the previously disclosed amount of INR 13,82,91,940. Under the new stay order terms, the company must pay 20% of this disputed amount in two equal instalments.

Payment Schedule and Compliance

The revised stay order provides more flexible payment terms compared to the earlier directive. The company has been given specific deadlines for each instalment payment, spreading the financial impact over two months.

This development follows the company's earlier communication dated February 11, 2026, regarding the appeal and stay application filed before the ITAT. The company has committed to keeping stock exchanges informed about subsequent updates on this matter, maintaining transparency under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015.

Schneider Electric Infrastructure Limited has announced that its Board of Directors will convene on February 12, 2026, to review and approve the company's unaudited financial results for the third quarter and nine months ended December 31, 2025. The meeting is scheduled in compliance with regulatory requirements and will address several key business matters.

Board Meeting Details

The company has formally notified stock exchanges about the upcoming board meeting through an official communication dated February 5, 2026. The meeting agenda includes consideration and approval of multiple items:

Regulatory Compliance

The board meeting notice has been issued pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This announcement follows the company's earlier communication dated December 22, 2025, which informed stakeholders about the closure of trading window.

The company has directed stakeholders to visit its official website for further details and updates regarding the board meeting and financial results.

Company Information

Schneider Electric Infrastructure Limited operates with its corporate office located at 15th Floor, DT-4, DLF Downtown, Phase 3, Sector 25A, Gurugram, Haryana. The company's registered office is situated at Milestone 87, Vadodara-Halol Highway, Village Kotambi, Post Office Jarod, Vadodara, Gujarat. The formal communication was signed by Sumit Goel, Company Secretary & Compliance Officer, ensuring proper corporate governance protocols are followed.