SPECTSTM2026-09-02SPECTSTM2026-09-02in-capmkt:AtTheTimeOfBecomingPartyToLitigationOrAssessmentOrAdjudicationOrArbitrationOrDisputeMemberSPECTSTM2026-09-02OppositePartyAsPerSubPara8OfParaBDomain1SPECTSTMSPECTRUM TALENT MANAGEMENT LIMITED000000NOTLISTEDINE0OL001018Pendency 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 disputeNewfalse2026-09-0216:18:002026-09-02Office of Additional Commissioner, GST Noida, Uttar Pradesh2026-09-02AgencyOffice of Additional Commissioner, GST Noida, Uttar PradeshCompanySpectrum Talent Management LimitedThe Company has received a Show Cause Notice (“SCN”) dated 28th August 2026 on 2nd September 2026 from the GST Authority, issued under Section 74 of the Central Goods and Services Tax Act, 2017 and Uttar Pradesh Goods and Services Tax Act, 2017 read with Integrated Goods and Services Tax Act, 2017. The SCN, inter-alia, alleges ineligible availment of Input Tax Credit / tax not paid or short paid amounting to Rs. 5,04,05,142/- (Rupees Five Crore Four Lakh Five Thousand One Hundred Forty-Two only) during the period April 2021 to March 2024. The Company has been called upon to show cause as to why the aforesaid total demand of Rs. 10,08,10,284/- (Rupees Ten Crore Eight Lakh Ten Thousand Two Hundred Eighty-Four only) (comprising IGST Tax of Rs. 5,04,05,142/- and Penalty of Rs. 5,04,05,142/-), should not be confirmed against it. No immediate financial impact on the Company at this stage. The Company is in the process of evaluating the SCN and, based on advice from its tax advisors, shall file a detailed reply with the adjudicating authority within the prescribed timelines, and shall pursue all legal remedies available to it. IGST Tax Demand: Rs. 5,04,05,142/- (Rupees Five Crore Four Lakh Five Thousand One Hundred Forty-Two only) Penalty: Rs. 5,04,05,142/- (Rupees Five Crore Four Lakh Five Thousand One Hundred Forty-Two only) Total Claim Amount: Rs. 10,08,10,284/- (Rupees Ten Crore Eight Lakh Ten Thousand Two Hundred Eighty-Four only)