DREAMFOLKS2026-10-01DREAMFOLKS2026-10-01in-capmkt:AtTheTimeOfBecomingPartyToLitigationOrAssessmentOrAdjudicationOrArbitrationOrDisputeMemberDREAMFOLKS2026-10-01OppositePartyAsPerSubPara8OfParaBDomain1DREAMFOLKSDreamfolks Services Limited543591NOTLISTEDINE0JS101016Pendency of any litigation(s) or dispute(s) (Sub-para 8-Para B)At the time of becoming the party to any litigation, assessment, adjudication, arbitration or disputeNewfalse2026-09-3017:57:002026-10-01Office of the Assistant Commissioner of Central Tax2026-09-30AgencyOffice of the Assistant Commissioner of Central Tax, Gachibowli Division 10-3-301-303, 4th Floor, Sreenath Heights, Humayun Nagar, Masab Tank, Hyderabad – 500028, Telangana, India (‘GST Authority’)CompanyDreamfolks Services LimitedCompany has received a Show Cause Notice (‘SCN’) U/S 73(1) of CGST Act from GST Authority imposing a Tax of 1,70,51,787 and penalty of Rs. 17,05,178 under applicable provisions of Central Goods and Services Tax Act, 2017 and Integrated Goods and Services Tax Act, 2017 as below: IGST: Tax - 6,743, Penalty -674, Total - 7,417; CGST: Tax - 85,22,522, Penalty - 8,52,252, Total - 93,74,774; SGST: Tax - 85,22,522, Penalty - 8,52,252, Total - 93,74,774 The SCN pertains to the difference between the ITC reported in FORM GSTR-3B and the ITC reflected in FORM GSTR-2A for the Financial Year 2022–23.The Company does not presently envisage any immediate material impact on its financials, operations or other activities arising from the said matter. The Company is in the process of submitting an appropriate reply to the aforesaid SCN within the prescribed timeline.Company has received a Show Cause Notice (‘SCN’) U/S 73(1) of CGST Act from GST Authority imposing a Tax of 1,70,51,787 and penalty of Rs. 17,05,178 under applicable provisions of Central Goods and Services Tax Act, 2017 and Integrated Goods and Services Tax Act, 2017.