5447542026-09-305447542026-09-30in-capmkt:AtTheTimeOfBecomingPartyToLitigationOrAssessmentOrAdjudicationOrArbitrationOrDisputeMember5447542026-09-30OppositePartyAsPerSubPara8OfParaBDomain1KISSHTOnEMI Technology Solutions Limited544754NOTLISTEDINE12F801023Pendency 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 disputeNewfalse2026-09-2923:00:002026-09-30Goods and Services Tax Department2026-09-29AgencyDeputy Commissioner of State TaxSubsidiarySi Creva Capital Services Private LimitedSi Creva received a SCN dated September 29, 2026, issued by the Deputy Commissioner of State Tax, Department of Goods and Service Tax (Bandra East-501, Nodal-05, Mumbai, Maharashtra) under Section 73(1) of the MGST Act, 2017, in connection with the following alleged contraventions: 1. Non-reversal/short reversal of ITC proportionate to Nil rated/Exempted/Non-GST supply. 2. Short reversal of ITC in GSTR-3B compared to GSTR-9. 3. ITC availed in Table 6M of GSTR-9 not specified in Table 6(B to L). 4. Excess outward tax in GSTR-1 compared to GSTR-9/GSTR-3B. 5. Tax short paid as compared to GSTR-9 & GSTR-9C.The Company firmly believes that the SCN has no merits and Si Creva shall be taking all necessary actions to present and defend its case before the adjudicating authorities and address the demand. The Company/SiCreva does not envisage any material impact on the financials, operations or other activities of the Company or Si Creva arising from this SCN.Period involved - Financial Year 2022-23 Tax demand raised - INR 22,02,84,131 Interest -INR 19,82,55,718 Penalty raised - INR 2,20,28,413 Total - INR 44,05,68,262