Redington Limited Wins Tax Appeal, ₹136.25 Cr Demand Quashed
Redington Limited secured a favorable order from the Commissioner of Income Tax (Appeals) on February 10, 2026. The demand of ₹136.25 crore for Assessment Year 2021-22 has been quashed. The company received the intimation on February 20, 2026. No monetary impact is expected.
The quashing of a ₹136.25 crore tax demand is material and has a positive financial implication for the company, even though the company states no further impact.
The company has won a significant tax appeal, resulting in the quashing of a substantial demand, which is a positive development.
Redington Limited has received a favorable order from the Commissioner of Income Tax (Appeals) for Assessment Year 2021-22. The appellate authority has quashed the demand of ₹136.25 crore that was raised by the Assessing Officer for the said assessment year.
The company had previously informed the stock exchanges on December 29, 2023, about receiving the assessment order and a demand notice for ₹136.25 crore from the Income Tax Department. Redington Limited had contested this demand through the appropriate appellate channels and has now secured a favorable outcome.
Further details as required by SEBI regulations have been provided, and the company will update this information on its official website. The order from the CIT Appeals was dated February 10, 2026, and the company received this communication on February 20, 2026, at 5:35 PM. The company has stated that there is no impact on its financial, operational, or other activities in monetary terms.
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Redington Limited filed this with the NSE as a statutory disclosure, categorised under taxation. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Redington Limited. Read the original for the full detail.