Amara Raja Energy Faces ₹18.9 Million Tax Demand Notice

Battery manufacturing leader Amara Raja Energy & Mobility Ltd informed exchanges of a tax demand totaling ₹18.9 million issued by tax authorities. The notice arises from an assessment covering specific periods, consistent with periodic audits for large-scale industrial players.

The company emphasized it is evaluating the order for potential appellate action through standard channels. Amara Raja noted the amount is immaterial relative to its consolidated balance sheet and will not influence capex plans, dividend policy, or expansion in lithium-ion and lead-acid segments.

Such demands remain routine for infrastructure firms amid evolving tax interpretations.

Key Highlights:

Tax Demand: ₹18.9 million (₹1.89 crore).

Source: Income tax assessment order.

Response: Under review for appeals; immaterial impact.

Business Continuity: No effect on EV battery projects or operations.

Context: Standard scrutiny for energy storage sector leaders.

Source: Company filing to BSE/NSE, December 17, 2025.