Balaji Telefilms - Updates

Balaji Telefilms Ltd has informed BSE that the Company has received a show cause cum demand notice from the office of the Commissioner of Service Tax, Mumbai for an amount of Rs 63.5 crores plus interest and penalty pertaining to the service tax payable for the period April 01, 2006 to March 31, 2008 on account of exports made to one of the clients.

The Company is pursuing all legal remedies available to it in relation to the same.