SBFC Finance resolves Telangana profession tax dispute

SBFC Finance Limited has confirmed the resolution of a Show Cause Notice issued by the Government of Telangana Commercial/State Taxes Department concerning the non-payment of profession tax and non-filing of tax returns. The company had previously responded to the notice, clarifying that the requisite professional tax had been duly paid.

On October 10, 2025, SBFC Finance received official communication from the professional tax office, endorsed October 9, 2025, confirming the closure of the Show Cause Notice with nil demand. This effectively concludes the matter, as per the company's intimation to the National Stock Exchange of India Limited and BSE Limited.

The resolution of this issue confirms that there will be no impact on the financial, operational, or other activities of SBFC Finance related to this matter. The information, as required by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, has been duly shared and uploaded on the company's website.