Envair Electrodyne Limited has received a demand notice from the Income Tax Department for Rs. 18,47,440, citing a TDS mismatch.

The company is actively preparing a reply to contest this notice with the concerned authorities.

Management has clarified that this demand is not expected to have any material impact on the company’s financial position, operations, or overall business activities.

This update is a routine compliance matter, and the company's proactive stance aims to resolve it without affecting shareholder value or daily operations.