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Remsons Industries Limited was established in 1971. It manufactures auto components like auto control cables, Flexible shafts, Gear shift systems, push pull cables and parking brake mechanism. It exports majorly to UK, Europe, North American, Brazil, Mexico and SAARC countries
REMSONSIND received an adverse order from tax authorities, upholding a disallowance of expenses worth 4.91 Cr for Assessment Year 2021-22. The company, however, states there's no material impact on financials or operations and plans to appeal this decision to the Income Tax Appellate Tribunal. Separately, the company faced a query...
Remsons Industries (#REMSONSIND) faces a tax setback! 📉 Income Tax Appeals has dismissed their appeal, upholding a disallowance of ₹4.91 Cr in certain expenses for Assessment Year 2021-22. **Issue:** The Commissioner of Income Tax Appeals, NFAC, Delhi, has upheld the disallowance of ₹4.91 Cr in expenses previously appealed by the...
Remsons Industries' 53rd Annual General Meeting is set for September 19. The FY25 Annual Report is available online. Shareholders must update KYC and dematerialize physical shares to ensure continued receipt of payments, a critical update for all investors.
Remsons Industries is progressing with its strategic acquisition of a 51.01% stake in Astro Motors. The company will issue 319,994 equity shares at Rs. 132 per share on a preferential basis to Astro Motors' promoters as part of the deal. A revised valuation report for Remsons' shares now sets the...
Remsons Industries’ subsidiary BEE Lighting Ltd has secured a ₹12 Cr order from a leading German multi-brand OEM for exterior vehicle lighting design and development. This international contract is set for immediate execution, strengthening Remsons’ foothold in the global automotive lighting market and adding new revenue streams without promoter or...