Subex Limited Receives ₹4.17 Crore Income Tax Refund for Assessment Year 2004-05
Subex Limited received an income tax refund of ₹4.17 crores for assessment year 2004-05, including ₹2.10 crores in interest, following a High Court order. The refund was credited to the company's account on January 19, 2026, and disclosed under SEBI regulations. This represents the successful resolution of a long-standing tax matter dating back nearly two decades.

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Subex Limited has received a significant income tax refund of ₹4.17 crores for assessment year 2004-05, the company announced in a regulatory filing on January 19, 2026. The refund amount includes interest of ₹2.10 crores and was credited to the company's bank account following a High Court order.
Regulatory Disclosure Details
The company made this disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The refund pertains to assessment year 2004-05 and was issued pursuant to an order that gives effect to the High Court's directive for the same assessment year.
Financial Impact Breakdown
The refund structure demonstrates the resolution of a long-standing tax matter:
| Component | Amount |
|---|---|
| Total Refund | ₹4.17 crores |
| Principal Amount | ₹2.07 crores |
| Interest Component | ₹2.10 crores |
| Assessment Year | 2004-05 |
Legal Resolution
The income tax refund follows a High Court order that favored the company's position regarding the assessment year 2004-05. This resolution brings closure to a tax matter that has been pending for nearly two decades, with the refund being processed and credited to Subex's bank account.
Corporate Communication
The disclosure was signed by Ramu Akkili, Company Secretary and Compliance Officer of Subex Limited, ensuring proper regulatory compliance. The company has requested stock exchanges to take this information on record as part of its transparency obligations to shareholders and the investment community.
This development represents a positive outcome for Subex Limited, providing additional liquidity through the resolution of a historical tax matter while demonstrating the company's successful legal proceedings in tax-related disputes.
Historical Stock Returns for Subex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.98% | -4.13% | -14.33% | -29.03% | -49.78% | -61.43% |
















































