RITES2026-10-05RITES2026-10-05ActionsTakenOrOrdersPassedDomain1RITES2026-10-05ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1RITES2026-10-05SignatoriesDomain1xbrli:pureRITESRITES LIMITED541556NOTLISTEDINE320J01015NewAction(s) taken or orders passed (sub-para 20)false2026-10-0318:00:002026-10-05Any other similar action(s)Order passed by the Appellate Authority in respect of appeal against GST demand orderStatutory AuthorityHon’ble Deputy Commissioner of State Tax (Appeal-1), Division-1, Ahmedabad, Gujarat.1Listed Entity (Self)RITES LIMITEDOrderThe Company had filed an appeal against the demand order issued by the State Tax Officer pertaining to FY 2019-20. The Hon’ble Appellate Authority has passed an Order dated September 30, 2026, whereby the appeal filed by the Company has been allowed and the demand order issued by the State Tax Officer has been partially set aside. Accordingly, relief amounting to ₹38,30,49,704/- has been granted to the Company in respect of the demand comprising tax, interest and penalty pertaining to FY 2019-20.2026-10-03The Company received an Order dated September 30, 2026 from the Deputy Commissioner of State Tax (Appeal-1), Division-1, Ahmedabad, Gujarat, in respect of the appeal filed by the Company against the demand order pertaining to FY 2019-20. The Appellate Authority has allowed the appeal and partially set aside the demand order issued by the State Tax Officer. Accordingly, relief amounting to ₹38,30,49,704/- has been granted to the Company in respect of the demand comprising tax, interest and penalty pertaining to FY 2019-20.April 2019 to March 2020 (FY 2019-20)The Company has been granted relief amounting to ₹38,30,49,704/- as a result of the appeal being allowed and the demand order being partially set aside. The Company had made a pre-deposit of ₹1,93,00,013/- at the time of filing the appeal. Consequently, subject to the provisions of applicable law, there is no further tax, interest or penalty liability pursuant to the aforesaid demand order.The proceedings relate to the demand order pertaining to FY 2019-20 against which the Company had filed an appeal.No fresh penalty, restriction or sanction has been imposed pursuant to the appellate order. The demand order has been partially set aside.Not ApplicableThe Company had filed an appeal against the demand order pertaining to FY 2019-20. The Company has taken note of the appellate order allowing the appeal and partially setting aside the demand order.The Company had made a pre-deposit of ₹1,93,00,013/- at the time of filing the appeal. The Appellate Authority has granted relief of ₹38,30,49,704/- in respect of the demand comprising tax, interest and penalty pertaining to FY 2019-20.Nikhil AgarwalCompany Secretary & Compliance Officer2026-10-05Gurugram