Shares of Redington will be in focus after the Dispute Resolution Panel gave relief of about ₹19 crore in a tax dispute. However, the Panel upheld the Income Tax Department's view that the amount realised as a result of the transfer of its 100 per cent shareholding in Redington Gulf FZE to a step-down wholly owned subsidiary Redington International (Holdings) in 2008-09 without any consideration, is taxable. It had slapped a tax demand of ₹138 crore, excluding interest, on the company in April last year.