NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company14 Jul 2026 · 14 Jul 2026, 12:07 pm

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Jubilant Foodworks Limited · JUBLFOOD

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Jubilant FoodWorks Limited has received a Show Cause Notice (SCN) from the GST Department proposing a GST demand of INR 46,90,96,051. The company believes the SCN has not considered its submissions and is in the process of filing detailed objections. The proposed demand is likely to be dropped post filings.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Jubilant FoodWorks Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

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JUBLFOOD_14072026120618_SEIntimationReg30ISCN14July2026.pdf

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JFL/NSE-BSE/2026-27/28 July 14, 2026 BSE Ltd. National Stock Exchange of India Limited P.J. Towers, Dalal Street Exchange Plaza, Bandra Kurla Complex Mumbai – 400001 Bandra(E), Mumbai – 400051 Scrip Code: 533155 Symbol: JUBLFOOD Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) Dear Sir/ Madam, Pursuant to Regulation 30 of the Listing Regulations read with Schedule III of Listing Regulations, it is hereby informed that the Company has received a Show Cause Notice (‘SCN’) from GST Department proposing a GST demand amounting to INR 46,90,96,051. Relevant details pursuant to Regulation 30 of the Listing Regulations read with SEBI Circulars in this regard are annexed herewith as Annexure A and Annexure B. The Company believes that the SCN issued has not considered the merits of the submissions filed by the Company. The Company is in the process of filing detailed objections within the stipulated timelines as per the SCN. Post such filings, the impugned SCN and proposed demand is likely to be dropped. We also hereby state and declare that the information and details provided in Form A annexed herewith as Annexure A, is in compliance with Regulation 30(13) of the Listing Regulations, is true, correct and complete to the best of our knowledge and belief. The aforesaid intimation is also being disseminated on Company’s website at www.jubilantfoodworks.com under Investor Relations section. Date and time of occurrence of event is July 13, 2026, 12:30 Hours (IST). We request you to kindly take the aforesaid information on your record. Thanking you, Yours faithfully, For Jubilant FoodWorks Limited Mona Aggarwal Company Secretary and Compliance Officer Investor E-mail id: investor@jublfood.com Encl: A/a Annexure-A Form A Disclosure by Jubilant FoodWorks Limited regarding receipt of communication from regulatory, statutory, enforcement or judicial authority under the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [Regulation 30(13) - Disclosure of communication from regulatory, statutory, enforcement or judicial authority] S.No. Particulars Details 1. Name of the listed company Jubilant FoodWorks Limited 2. Type of communication Show Cause Notice (SCN) in Form GST DRC 01: DCCT(A)- received 5.6/DGSTO.5/No. (2026-27)/DRC-1 //2026-27, dated July 13, 2026 issued under section 74(A) of the KGST Act, 2017 r/w Rule 142 of the KGST Rules, 2017, section 6 of CGST Act, 2017, section 4 and 20 of IGST Act, 2017 3. Date of receipt of July 13, 2026 at 12:30 Hours (IST) communication 4. Authority from whom Deputy Commissioner communication received Jurisdiction : (Audit) – 5.6, Divisional Goods and Service Tax Office (DGSTO) – 5 5. Brief summary of the material The Company has received a SCN from GST Department contents of the communication proposing a demand of GST amounting to INR 46,90,96,051. received, including reasons for receipt of the communication SCN alleges that the Input Tax Credit (ITC) has been reversed in the incorrected table while filing the GST return of the Company. The alleged wrong presentation/classification of ITC reversal has no financial impact of the Company. The Company is in the process of filing detailed objection with the GST Department within the stipulated timelines as per the SCN. Post such filings, the impugned SCN and proposed demand is likely to be dropped. 6. Period for which Financial Year 2026-27 communication would be applicable, if stated 7. Expected financial implications The Company does not anticipate any material financial on the listed company, if any implications. 8. Details of any aberrations/ Not Applicable non- compliances identified by the authority in the communication 9. Details of any penalty or Not Applicable restriction or sanction imposed pursuant to the communication 10. Action(s) taken by listed The Company has a very good case on merits and will file detailed company with respect to the submissions with documentary proof to counter the allegations in communication the SCN before prescribed timeline and proposed SCN so raised is likely to be dropped. 11. Any other relevant information Nil Annexure- B Pendency of any litigation(s) or dispute(s) or the outcome thereof which may have an impact on the listed entity: Particulars Details At the time of becoming the party: Brief details of litigation viz. name(s) of the The Company has received a Show Cause Notice opposing party, court/ tribunal/agency where (SCN) from GST Department proposing a demand of GST amounting to INR 46,90,96,051. litigation is filed, brief details of dispute/litigation SCN alleges that the Input Tax Credit (ITC) has been reversed in the incorrected table while filing the GST return of the Company. The alleged wrong presentation/classification of ITC reversal has no financial impact of the Company. The Company is in the process of filing detailed objection with the GST department within the stipulated timelines as per the SCN. Post such filings, the impugned SCN and proposed demand is likely to be dropped. Expected financial implications, if any, due The Company does not anticipate any material financial to compensation, penalty etc implications. Quantum of claims, if any; As mentioned above