Transrail Lighting Limited has informed the exchanges that the Income Tax Department has commenced search and seizure operations at its offices and factories starting March 24, 2026. The company confirmed that its officers are fully cooperating with the authorities during this ongoing process. Further updates regarding the impact of these operations will be provided to shareholders in due course as required by regulatory norms.
Official Disclosure of Tax Operations
Transrail Lighting Limited has issued an important intimation to the stock exchanges concerning actions initiated by the Income Tax Department. The company stated that search and seizure operations by the Income Tax Department commenced at the premises of the Company’s Offices and Factories on March 24, 2026.
Management Response and Cooperation
The announcement, authorized by Executive Chairman Digambar Bagde (DIN: 00122564), emphasized the full commitment of the company’s personnel to the process. The document confirmed that “The Officers of the Company are fully cooperating with the Income Tax Department.”
Future Disclosures
Transrail Lighting Limited committed to keeping stakeholders informed of any material developments. The company stated it will update the stock exchanges on the potential impact of the operations and any further relevant developments in the near future.
Source: BSE
