BSECompany Update1d ago · 1 Oct 2026, 06:22 pm

Announcement under Regulation 30 of SEBI (LODR)

Rithwik Facility Management Services Ltd · 540843

✦ AI SummaryRegulatory

Rithwik Facility Management Services Ltd has received a show cause notice from the GST authorities under section 73 of TNGST/CGST Act, 2017, proposing tax on non-GST supplies, ITC non-reversal, and excess ineligible input tax credit. The company claims to have supporting documents for all disallowances and expects no financial implication, but a potential financial implication of Rs.8.41 crores if confirmed.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10

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Rithwik Facility Management Services Ltd - 540843 - Announcement Under Regulation 30 Of SEBI (LODR)

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REF: REMS/BSE/2026-27/GEN/006 October 01, 2026 The Secretary, Listing Department, Bombay Stock Exchange Limited Phiroz JeeJeebhoy Towers, Dalal Street, Mumbai - 400 001. Mabharashtra. Scrip Code: 540843 Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”) Pursuant to Regulation 30 of Para B, Part A of Schedule III of SEBI (LODR), 2015, we hereby inform that, we have received a show cause notice under section 73 of TNGST/CGST Act, 2017. Annexure S.No Particulars Details 1 Name of the Authority Assistant Commissioner (ST), Guindy Assessment Circle 2 | Type of Communication received | Show Cause Notice 3 Date of receipt of communication | October 1, 2026 4 | Brief summary of material content |T he GST authorities have of communication received issued Show Cause Notice proposing tax on account of the following items 1. Non-GST supplies - documentary proof required. 2. ITC non-reversal - in proportion between GST and Non-GST supplies - documentary proof required. 3. Excess and ineligible Input Tax Credit - proof of related business and other documents required. RITHWIK FACILITY MANAGEM NT SERVICES LTD RR Tower IlI, Thiru-vi-ka Industrial Estate Guindy, Chennai 600 032, India. | +91 44 4353 4441 | info@rithwik.co.in www.rithwik.co.in CIN L74900TN2010PLC074294 GSTIN 33AAECR6158H1ZB 5 | Period for which communication | Financial Year 2023-24 applicable 6 | Financial implications on listed |T he Company has all the company supporting documents for all the above disallowances proposed by the authorities and hence there will not be any financial implication. However, the Financial Implication will be Rs.8.41 crores if confirmed by the authorities. 7 |Details of any penalty or|No penalty/restriction restriction or sanction imposed | imposine thde present notice pursuant to communication. 8 | Action taken by listed company The Company will take with respect of communication appropriate action on the said notice This is for your kind information and record. Thanking You, Yours Sincerely, For RITHWIK FACILITY MANAGEMENT SERVICES LIMITED SJAYAPANDI (3 g Company Secretary\& Compli " Officer FCS No.14249 TS RITHWIK FACILITY MANAGEMENT SERVICES LTD RR Tower llIl. Thiru-vi-ka Industrial Estate Guindy, Chennai 600 032. India. | +91 44 4353 4441 | info@rithwik.co.in www.rithwik.co.in CIN L74900TN2010PLC074294 GSTIN 33AAECR6158H1ZB