TVS Supply Chain Solutions Receives ₹5.2 Million Tax Demand Notice

TVS Supply Chain Solutions Ltd. (TVS SCS) has informed exchanges that it has been served with a tax demand amounting to ₹5.2 million by the relevant tax authorities. The demand relates to certain assessment years under review, and the company has clarified that it is currently examining the details of the notice.

TVS SCS, part of the TVS Mobility Group, is a leading integrated supply chain management company. The firm emphasized that it operates with a strong focus on regulatory compliance and corporate governance, and will respond to the notice as per due legal procedures.

Key Highlights:

• Company: TVS Supply Chain Solutions Ltd.
• Demand amount: ₹5.2 million.
• Issued by: Tax authorities (specific jurisdiction undisclosed).
• Nature: Tax demand pertaining to previous financial years.
• Company statement: TVS SCS is evaluating the order and will take necessary legal recourse.
• Impact: No material effect on ongoing business operations expected at this stage.

The company reaffirmed its commitment to compliance and transparency in all financial and regulatory matters.

Source: Company disclosure to BSE and NSE.