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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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