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Leela Palaces receives appellate orders; no material impact on financials
Leela Palaces Hotels & Resorts Limited
January 13, 2026, 03:03 PM
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Leela Palaces Hotels & Resorts Limited has announced the receipt of four appellate orders from the Joint Commissioner of Commercial Taxes (Appeals -5), Bengaluru. The company is currently evaluating further appellate remedies.
These orders, received on January 12, 2026, pertain to allegations of availment of ineligible or blocked Input Tax Credit by the Company. However, the company has stated that these orders do not have any material impact on its financial position, operations, or other business activities.
The details are disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information will be available on the company's website.
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