Envair Electrodyne has settled an income tax TDS demand of ₹0.18 Cr with the Income Tax Department.

This demand stemmed from a TDS mismatch identified across several financial years.

The company emphasizes that this payment carries no material adverse impact on its operations, financial health, or overall business activities, reassuring shareholders.

A procedural delay in disclosure was due to required reconciliation of additional demands on the tax portal.