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

enRE ffl* fflTifeFT fafRE (miTHTanTfflGiFT)di3TtoL659ioDLig86Golo26363) qapfflqfan:qSqdr,#tiaT,TTREtaH,rftqffiapTh,mffiFT,didids,i€fan-110003 FT'+91-011-24361480 €-fu. info@irfc.co.in, aEiTrF: httDs://irfc.co.in INDIAN RAILWAY FINANCE CORPORATION LTD. (A Government of India Enterprise) (CIN: L65910DL1986G01026363) Regil. Office: UG Flooi., East Tower, NBCC Place, Bhisham Pitamch Marg, Pragati Vihar, Lodhi Road, New Delhi -110003 Phone: +91-011-24361480 E-mail: info@irfc.co.in, Website: https://irfc.co.in/ No: IRFC/SE/2026-27/49 30th september 2026 National Stock Exchange of India Limited BSE Limited Listing department, Exchange Plaza, Listing Dept / Dept of Corporate Services, Bandra-Kurla Complex, Bandra (E) P) Towers, Dalal Street, Mumbai-400 051 Mumbai -400 001 Scrip Symbol: IRFC Scrip Code: 543257 Subject: Disclosure under Regulation 30 of SEBI rListing Obligations and Disclosure Requirements Regulations. 2 015 -Show Cau-se Notice received from GS~T Auth-oritv Sir/ Madam, Pursuant to Regulation 30 read with Schedule Ill of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations'') and other applicable regulations, we hereby inform you that the Company has received a Show Cause Notice ("SCN") on 29th September 2026 from the Joint Commissioner of State Tax, Hajipur Circle, Hajipur issued under Section 73 of BGST/CGST Act 2017. The Company is 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 details required under Regulation 30 of the SEBI Listing Regulations read along with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, and the disclosure as required under Regulation 30(13) of the SEBI Listing Regulations read with the Industry Standards Note on Regulation 30 of SEBI Listing Regulations dated 25th February 2025, are enclosed herewith as Annexure -1 and Annexure-2 respectively. This is submitted for your information record. Thanking You, For Indian Railway Finance Corporation Limited (Vijay Babulal Shirode) Company Secretary & Compliance Officer Encl: As above - --i:A., * Annexure - 1 Details required under RegLilation 30 of the SEBI Listing Regulations read along with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 Sr.No. Particulars Details 1 Name(s) of the opposing party, Office of the Joint Commissioner of Stat:e Tax, Hajipur Circle, court/ tribunal/agency wherelitigationisfilecl Hajipur. 2 Brief details of litigation The company has received a show cause Notice ("SCN") on 29th September 2026 under Section 73 of BGST/CGST Act, 2017. 3 Expected financial implications, if As the case is at show cause notice stage only and Order has any, due to compensation, not yet been issued, so expected financial implications cannot be quantified at this stage. However, the amount indicated in penalty etc. the Show CaLise Notice is Rs 3,96,90,78,153.59/-(Rupees Three Hundred Ninety-Six Crore Ninety Lakh Seventy-Eight Thousand One Hundred Fifty-Three Rupees & Fifty-Nine Paisa Only) inclusive of applicable interest & penalty for the period fromApril 2022 to March 2023. The issues raised are generic in nature and Company is in process of filing a reply to said notice. 4 Quantum of claims, if any As described in Sr. No 3 above Annexure - 2 Details required under Regulation 30(13) of the SEBI Listing Regulations read along with the Industry Standards Note on Regulation 30 of SEBI List.ing Regulations dated 25th February 2025 Sr.No. Particulars Details 1 Name of the listed company Indian Railway Finance Corporation Limited ("IRFC'') 2 Type of communication received Show Cause Notice issued under Section 73 of BGST/CGST Act, 2017, received by the Company through e-mail communication. 3 Date of receipt of com munication 29th September 2026 4 Au thority from whom Office of the )oint Commissioner of State Tax, Hajipur Circle, communication received Hajipur 5 Brief summary of the matei-ialcontentsofthecommunicationreceived,includingreasonsforreceiptofthecommunication Refer Sr. No. 2 ofAnnexure 1. 6 Period for which communicationwouldbeapplicable,ifstated April 2022 to March 2023 7 Expected financial implications onthelistedcompany,ifany Refer Sr. No. 3 ofAnnexure 1. 8 Details of any aberrations/non-compliancesidentifiedbytheauthorityinthecommunication Refer Sr. No, 2 ofAnnexure 1. 9 Details of any penalty or restrictionorsanctionimposedpursuanttothecommunication After the issuance of order only the penalty can be quantified. 10 Action(s) taken by listed companywithrespecttothecommunication Refer Sr. No, 3 ofAnnexure 1. 11 Any other relevant information None