5432432026-09-285432432026-09-28in-capmkt:StageOfTheLitigationIsConcludedOrDisputeIsResolvedMember5432432026-09-28in-capmkt:DevelopmentInRelationToProceedingsMemberEQUITASBNKEQUITAS SMALL FINANCE BANK LIMITED543243NOTLISTEDINE063P01018Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)Regularly till the litigation is concluded or dispute is resolvedNewfalse2026-09-2806:00:002026-09-28Development in relation to proceedingsReceipt of Form GST DRC-01 dated September 21, 2026, together with the Show Cause Notice ("SCN") dated September 19, 2026, bearing reference number ZD330926162719U, issued by the Office of the Deputy Commissioner (ST), Central-III Zone, Commercial Taxes Department, Government of Tamil Nadu, under Section 73 of the Central Goods and Services Tax Act, 2017 and the Tamil Nadu Goods and Services Tax Act, 2017 for financial year 2022-232026-09-22The SCN had proposed an aggregate amount of Rs.533,81,24,251/-, comprising tax of Rs.485,18,30,588/-, interest of Rs.11,10,604/- and penalty of Rs.48,51,83,059/-. Pursuant to the personal hearing held on September 25, 2026 and the subsequent communication dated September 28, 2026 issued by the GST authority, the aggregate amount proposed to be assessed has been revised to Rs.23,95,12,141/-, comprising tax of Rs.21,67,28,670/-, interest of Rs.11,10,604/- and penalty of Rs.2,16,72,867/-. The revised computation reflects a substantial reduction in the exemption-related turnover proposed to be assessed following the Bank’s submissions on interest income from loans and advances. Certain specified receipts and reconciliation items remain subject to verification of supporting documents. The bank believes that even the remaining amount is eligible for exemption. The bank would be producing further evidence and documents to the authorities, towards establishing the bank's position. Outcome of further progress would be informed in due course.Company