IIFL Capital Services Limited has received an assessment order from the Joint Commissioner of Income Tax (OSD), Central Circle – 4(4), Mumbai, raising a tax demand of ₹68,07,15,915 for the block period from April 1, 2018, to March 25, 2025. The order was dated May 7, 2026, and received by the company on the same date. The company stated that it believes it has discharged all applicable tax liabilities and possesses adequate grounds to substantiate its position. Consequently, IIFL Capital Services Limited does not anticipate any material impact on its financials or operations due to this order. The company is evaluating its options and plans to pursue appeals against the assessment order under applicable laws. This disclosure is made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
