|
29A Exceptional items |
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(₹ In Crore) |
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|
Particulars |
For the year ended 31 March |
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|
2026 |
2025 |
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|
|
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Gain on Sales Tax Deferral NPV payment |
(34.53) |
– |
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Impact of New Wage Code – expense |
58.33 |
– |
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|
23.80 |
– |
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Exceptional items for the year ended 31 March 2026, represent a net charge of ₹ 23.80 crore, comprising
|
(i) |
The Government of India has notified the Code on Wages,2019; Industrial Relations Code,2020; Code on Social Security,2020; and Occupational Safety, Health and Working Conditions Code,2020 (collectively, ‘Labour Codes’) on 21 November 2025. Based on the revised definition of wages under the Labour Codes, the Company has recognised net charge of ₹ 58.33 crore on account of impact of Labour Codes. The impact relating to Labour Codes is subject to finalisation of rules and requisite approvals.Deferred Tax Asset recognised for this exceptional item of expenditure is ₹ 15.43 crore. |
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(ii) |
Gain of ₹ 34.53 crore on prepayment of deferral incentive/loan at net present value (NPV) against a carrying amount of ₹ 56.33 crore. |