Sterling and Wilson Renewable Energy confirmed the conclusion of the visit by the Commissioner of State Tax, Maharashtra, on March 13, 2026. The company extended full cooperation, providing all requested documentation. Importantly, management assured stakeholders that this official process has had no impact on the ongoing operations of the company, which are continuing as usual.
Official Update on State Tax Scrutiny
Further to an initial communication made on March 10, 2026, Sterling and Wilson Renewable Energy Limited has provided an update regarding the officials from the Commissioner of State Tax, Maharashtra.
The company announced that the visit by the tax officials concluded on March 13, 2026. During this period, the management confirmed that the Company extended full cooperation to the officials, furnishing comprehensive responses and all necessary documentation as requested.
Impact on Business Operations
The management sought to reassure its stakeholders by confirming that this assessment process did not impact the general operations of the Company. Business activities are reported to be continuing as usual without any disruption.
The disclosure was made under the signature of Jagannadha Rao Ch. V., Company Secretary and Compliance Officer, for necessary recording.
Source: BSE