Aditya Birla Real Estate Faces Rs 4.85 Crore Demand Over Alleged Stamp Duty Shortfall

Aditya Birla Real Estate Limited has informed the stock exchange that it has received an order dated March 16, 2026, passed by the Honorable Court of the Revenue Board, Madhya Pradesh, Gwalior. The company received this order on March 23, 2026.

The order raises allegations against the company that it made short payments of stamp duty and registration fees related to the transfer of Century Yarn and Denim Units during FY 2021-22. Consequently, the company has been asked to pay additional charges due to the alleged undervaluation of land and non-payment of stamp duty on plant and machinery.

The demand includes approximately Rs 2.60 crore on land valuation and about Rs 2.24 crore on plant and machinery, taking the total demand to nearly Rs 4.85 crore. The company has clarified that the present action does not impact its financial, operational, and business activities. Additionally, the company believes the order is invalid and unfair, hence planning to challenge the same before the relevant appellate authority.

The company has made the aforementioned disclosure to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) through a regulatory filing dated March 24, 2026, issued under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Aditya Birla Real Estate Limited is a leading player in the Indian real estate sector, known for its commitment to quality and innovation. The company operates across various segments, including residential, commercial, and retail developments. Despite the current demand, the company remains confident in its financial and operational stability and is committed to resolving the matter through the appropriate legal channels.

The company's management stated that they are reviewing the order and will take all necessary steps to address the allegations. They also emphasized that the demand does not affect the company's ongoing projects or future plans. Aditya Birla Real Estate Limited continues to focus on delivering value to its stakeholders and maintaining its reputation for excellence in the real estate industry.

For more information about the company and its operations, please visit the official website or contact the investor relations department. The company remains committed to transparency and will provide updates as the situation develops.