Transrail Lighting has announced the conclusion of search and seizure operations conducted by the Income Tax Department on 28th March 2026. The company confirmed that these proceedings have not affected its operations or business activities.
The search and seizure operations were carried out by the Assistant Director of Income Tax, Unit – 4 (1), Mumbai. Transrail Lighting stated that it has provided all necessary documents, information, and clarifications requested by the officials. The company emphasised its commitment to maintaining high standards of integrity, corporate governance, and compliance with the Income Tax Act.
As of the date of the announcement, Transrail Lighting has not received any ad-interim orders or other communications indicating the outcome or findings of the search and seizure proceedings. The company assured stakeholders that no adverse findings have been communicated, and there has been no material impact on its financials or operations.
The company reiterated its dedication to upholding compliance and corporate governance standards, ensuring that its operations continue smoothly without any disruptions.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).