Show Cause Cum Demand Notice under GST

September 1, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers Bandra- Kurla Complex, Bandra (E), Dalal Street, Mumbai - 400 051 Mumbai- 400 001 NSE Symbol : DNAMEDIA - EQ Scrip Code : 540789 Kind Attn.: Corporate Relationship Department Subject : Disclosure under Regulation 30 read with Schedule III of the Listing (Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) – Show Cause Cum Demand Notice under GST Dear Sir/Madam, Pursuant to Regulation 30 of Listing Regulations, we hereby submit disclosure regarding the Show Cause Cum Demand Notice (‘SCN’) issued by Assistant Commissioner, Anti-Evasion, CGST & CX, Mumbai Central Commissionerate. The requisite details as prescribed under the Listing Regulations read with the applicable SEBI circulars are set out in Annexure I. Kindly take the same on record. Thanking you, Yours faithfully, For Diligent Media Corporation Limited Jyoti Upadhyay Company Secretary and Compliance Officer Membership No. A37410 Contact No.:+ 91-120-715 3000 Encl: As above Annexure I Particulars Information Name of the Authority Assistant Commissioner, Anti-Evasion, CGST & CX, Mumbai Central Commissionerate Nature and details of the action(s) The SCN has been issued under Section 74 of the CGST Act, taken, initiated or order(s) passed 2017 read with the corresponding provisions of the IGST / MGST Acts. The SCN pertains to Input Tax Credit(‘ITC’) of Rs. 1,08,00,000/- availed by the Company in respect of business transaction with one of the vendor, whose GST registration was cancelled ab initio. The Authority has proposed recovery of Rs. 1,08,00,000/- towards the aforesaid ITC availed by the Company for FY 2021-22 and has further raised an additional tax demand of Rs. 4,90,164/- towards short-payment of outward tax liability for FY 2020-21, along with applicable interest and penalty. Date of receipt of direction or August 31, 2026 order, including any ad-interim or interim orders, or any other communication from the authority Details of the violation(s)/ The SCN proposes disallowance/recovery of ITC of Rs. contravention(s) committed or 1,08,00,000/- availed by the Company for FY 2021-22 and alleged to be committed inter-alia seeks clarification regarding the eligibility and entitlement of the Company to avail the aforesaid ITC and it has further raised demand for recovery of tax of Rs. 4,90,164/- towards the short-payment of outward tax liability for FY 2020-21, along with applicable interest and penalty. In this regard, the Company is in the process of seeking appropriate legal advice and intends to take such legal remedies, including challenging the proposed demand before the appropriate appellate authority/forum, as may be advised. Impact on financial, operation or Except the amount mentioned above, there is no other impact other activities of the listed entity, on the financial or operation of the Company. quantifiable in monetary terms to the extent possible