5432572026-08-245432572026-08-24in-capmkt:AtTheTimeOfBecomingPartyToLitigationOrAssessmentOrAdjudicationOrArbitrationOrDisputeMember5432572026-08-24OppositePartyAsPerSubPara8OfParaBDomain1IRFCINDIAN RAILWAY FINANCE CORPORATION LIMITED543257NAINE053F01010Pendency 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 disputeNewfalse2026-08-2413:35:002026-08-24The Assistant Commissioner of State Tax, Delhi Zonal Unit (“the GST Authority”), being the issuing authority2026-08-24AgencyThe Assistant Commissioner of State Tax, Delhi Zonal Unit (“the GST Authority”)CompanyThe Company has received a Show Cause Notice (“SCN”) on 24th August 2026 from the GST Authority, issued under Section 73 of the Central Goods and Services Tax Act, 2017 (“CGST Act”)The Company has received a Show Cause Notice (“SCN”) on 24th August 2026 from the GST Authority, issued under Section 73 of the Central Goods and Services Tax Act, 2017 (“CGST Act”). The SCN, inter-alia, is received on account of excess input tax credit (ITC) of Rs 305,38,46,775/-(Rupees Three Hundred Five Crore Thirty-Eight Lakh Forty-Six Thousand Seven Hundred Seventy-Five Rupees Only) claimed on account of non-reconciliation of information for the FY 2022-23, along with applicable interest and penalty. Total amount along with applicable interest & penalty is Rs 549,32,42,846/- (Rupees Five Hundred and Forty-Nine Crore Thirty-Two Lakh Forty-Two Thousand Eight Hundred and Forty-Six Rupees Only)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.The Company has received a Show Cause Notice (“SCN”) on 24th August 2026 from the GST Authority, issued under Section 73 of the Central Goods and Services Tax Act, 2017 (“CGST Act”). The SCN, inter-alia, is received on account of excess input tax credit (ITC) of Rs 305,38,46,775/-(Rupees Three Hundred Five Crore Thirty-Eight Lakh Forty-Six Thousand Seven Hundred Seventy-Five Rupees Only) claimed on account of non-reconciliation of information for the FY 2022-23, along with applicable interest and penalty. Total amount along with applicable interest & penalty is Rs 549,32,42,846/- (Rupees Five Hundred and Forty-Nine Crore Thirty-Two Lakh Forty-Two Thousand Eight Hundred and Forty-Six Rupees Only)