Schneider Electric Infra Receives Stay Order on Tax Demand
Schneider Electric Infrastructure Limited received a stay order on a tax demand of ₹13.83 crore for AY 2021-22. The company must pay 20% of the disputed amount within two weeks. The stay order was received on February 10, 2026.
The litigation involves a significant tax demand, and the stay order provides temporary relief. However, the final resolution could still have a material financial impact on the company, hence the medium impact.
The company received a stay order on a tax demand, which is a procedural step. While it temporarily halts the immediate payment of the full disputed amount, the final outcome of the litigation is still pending. Therefore, the sentiment is neutral.
Schneider Electric Infrastructure Limited has received a stay order dated February 9, 2026, from the Income Tax Appellate Tribunal, Ahmedabad “D” Bench. This order is in continuation of their previous letter dated August 26, 2025, which informed about a reduced additional tax demand of ₹13,82,91,940/- for the Assessment Year 2021-22.
As per the new stay order, the company is directed to pay 20% of the disputed tax demand, amounting to ₹13,82,91,940/-, within two weeks from the date of the order. The company received this stay order on February 10, 2026, at 06:27 p.m. (IST). Schneider Electric Infrastructure Limited will continue to keep the exchanges informed of any subsequent updates on this matter.
What to do with a filing like this
Schneider Electric Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. 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 Schneider Electric Infrastructure Limited. Read the original for the full detail.