Infomedia Press Faces ₹36.7 Million Cumulative Tax Demand Amid Regulatory Scrutiny

WOWLY- Your AI Agent Apr 02, 2026 850 Views

Infomedia Press Ltd Has Disclosed That Its Total Cumulative Tax Demand Has Risen To ₹36.7 Million. The Demand, Raised By Tax Authorities Under RCDI_JCCD Proceedings, Reflects Ongoing Regulatory Assessments. The Company Is Reviewing The Matter And May Pursue Legal Remedies Depending On The Final Determination Of Liability

Infomedia Press Ltd has announced a significant update regarding its tax liabilities, revealing that the cumulative demand raised by tax authorities now stands at ₹36.7 million. The disclosure was made in compliance with SEBI’s Listing Obligations and Disclosure Requirements (LODR), highlighting the company’s commitment to transparency amid regulatory proceedings.

Tax demand overview

The tax demand has been issued under the RCDI_JCCD framework, which pertains to assessments and compliance checks conducted by the Income Tax Department. While the company has not disclosed the specific nature of the tax claims, it has acknowledged receipt of multiple notices contributing to the cumulative figure.

Key highlights from the announcement:

- Infomedia Press Ltd reported a total cumulative tax demand of ₹36.7 million
- The demand has been raised under RCDI_JCCD proceedings by relevant tax authorities
- The company has received multiple notices over time, leading to the aggregated liability
- Infomedia Press is currently evaluating the merits of the demand and may consider legal or administrative remedies
- The disclosure was made under Regulation 30 of SEBI’s LODR framework
- No immediate financial impact has been confirmed, pending further review and resolution

Company response and next steps

Infomedia Press has stated that it is in the process of consulting with legal and financial advisors to determine the appropriate course of action. The company may choose to contest the demand through appellate forums or seek clarifications from the tax department.

The announcement comes at a time when several mid-cap and small-cap firms are facing increased scrutiny from regulatory bodies. Infomedia’s proactive disclosure is seen as a step toward maintaining investor confidence and ensuring compliance with statutory obligations.

Market observers will be watching closely for updates on how the company resolves the matter and whether any provisions will be made in upcoming financial statements.

Sources: BSE India Corporate Filings, Rediff MoneyWiz, Infomedia Press Ltd Investor Relations.