NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company29 Sept 2026 · 29 Sept 2026, 05:21 pm

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

Nuvoco Vistas Corporation Limited · NUVOCO

✦ AI SummaryLitigation

Nuvoco Vistas Corporation Limited has informed the Exchange about a Show Cause Notice issued by the Dy. Commissioner, State Tax (Audit), Central Division, Patna, Bihar, proposing to deny credit for Input Tax Credit and imposing tax on advances received for goods, with a proposed demand of Rs.10,70,08,912/- for FY 2022-23.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern2/10
Regulatory Risk6/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Nuvoco Vistas Corporation Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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NUVOCO_29092026172057_SEBIIntimationNVLlitigation.pdf

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Ref. No.: Sec/101/2026-27 September 29, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, C–1, Block G, Street, Fort, Mumbai – 400 001 Bandra Kurla Complex, Bandra East, Scrip Code: 543334 Mumbai – 400 051 Scrip ID: NUVOCO Trading Symbol: NUVOCO Dear Sir/Madam, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”) Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the Listing Regulations, SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 (as amended), we hereby inform that the Dy. Commissioner, State Tax (Audit), Central Division, Patna, Bihar has issued a Show Cause Notice to NU Vista Limited, wholly owned subsidiary of the Company. The requisite information is given in Annexure A. The same is being made available on the Company’s website at www.nuvoco.com. We request you to take the above on record. Thanking you, Yours faithfully, For Nuvoco Vistas Corporation Limited Shruta Sanghavi SVP and Company Secretary Encl: a/a Nuvoco Vistas Corp. Ltd. Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070 Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229 Annexure A Name(s) of the opposing party Dy. Commissioner, State Tax (Audit), Central Division, Patna, Bihar Court/ Tribunal/Agency where The Company will file an appropriate reply against the Show litigation is filed Cause Notice issued, before the Dy. Commissioner, State Tax (Audit), Central Division, Patna, Bihar. Brief details of dispute/litigation The Show Cause Notice has proposed denying credit for the Input Tax Credit (“ITC”) brought forward from previous year and has also erred in confirming demand of ITC already reversed temporarily and has proposed imposing tax on advances received for goods. The proposed demand under section 73 of the CGST Act, 2017, for FY 2022-23 is Rs.10,70,08,912/-. Consequential interest and 10% penalty is also proposed. Expected financial implications, if The Show Cause Notice will not be sustained as the any, due to compensation, penalty demand is against the provisions of the law and supporting etc documents with legal precedencies will clearly prove the allegations wrong. It will have no major financial impact on the Company. Quantum of claims, if any NA Nuvoco Vistas Corp. Ltd. Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070 Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229