NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company5d ago · 10 Oct 2026, 03:04 pm

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

Dreamfolks Services Limited · DREAMFOLKS

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Dreamfolks Services Limited has received a Demand cum Show Cause Notice from the Office of the Commissioner of CGST (Audit), Gurugram, regarding a tax demand of Rs.78,86,667 and proposed penalty of Rs.78,86,667 for the financial year 2021-22.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment4/10

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Full Announcement

Dreamfolks Services Limited has informed the Exchange that the Company has received a Demand cum Show Cause Notice dated November 09, 2026 from the Office of the Commissioner of CGST (Audit), Gurugram

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DREAMFOLKS24_10102026150358_GST_OCT_09_2026_Signed.pdf

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Dreamfolks Services Limited Unit No. 301-307, Tower B, Good Earth Trade Tower, Sector-62, Gurgaon-122001, Haryana, India | Tel: 0124-4037306 www.dreamfolks.com | info@dreamfolks.com CIN: L51909DL2008PLC177181 October 10, 2026 To, To, The Secretary, Listing Department The Listing Manager, Listing Department BSE Limited National Stock Exchange of India Limited P. J. Towers, Exchange Plaza, 5th Floor, Plot No. C – 1, Dalal Street Block G, Bandra Kurla Complex, Mumbai – 400001 Bandra (E), Mumbai- 400051 Scrip Code: 543591 Symbol: DREAMFOLKS Subject - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) This is to inform that the Company has received a Demand cum Show Cause Notice dated November 09, 2026 from the Office of the Commissioner of CGST (Audit), Gurugram Plot No. 24, Mudit Square, Sector-32, Gurugram, Haryana – 122001. The relevant information pursuant to Regulation 30 of SEBI LODR Regulations read with Schedule III to the SEBI LODR Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure – 1. The above information will also be available on the website of the Company at www.dreamfolks.com. You are hereby requested to take the above intimation on record. Thanking you! Yours faithfully, For Dreamfolks Services Limited Harshit Gupta Company Secretary and Compliance Officer Encl: As above Regd. Office: 26, DDA Flats, Shivalik Road, Panchsheel Park, South Delhi, New Delhi-110017 Dreamfolks Services Limited Unit No. 301-307, Tower B, Good Earth Trade Tower, Sector-62, Gurgaon-122001, Haryana, India | Tel: 0124-4037306 www.dreamfolks.com | info@dreamfolks.com CIN: L51909DL2008PLC177181 Annexure-1 Name of the Authority Office of the Commissioner of CGST (Audit), Gurugram Plot No. 24, Mudit Square, Sector-32, Gurugram, Haryana – 122001 (‘GST Authority’) Nature and details of Company has received a Demand cum Show Cause Notice the action(s) taken or (‘SCN’) under Section 74(1) of the Central Goods and Order(s) passed Services Tax Act, 2017 read with Section 20 of the Integrated Goods and Services Tax Act, 2017 and Rule 142 of the Central Goods and Services Tax Rules, 2017 for Financial year 2021-22 from GST Authority regarding a Tax of Rs.78,86,667 and proposed penalty of Rs. 78,86,667 along with applicable interest under applicable provisions of Central Goods and Services Tax Act, 2017 and Integrated Goods and Services Tax Act, 2017 as below: (Amount in Rs.) Head Tax Penalty Total IGST 78,86,667 78,86,667 1,57,73,334 Date of receipt of October 9, 2026 direction or order, including any ad interim or interim orders, or any other communication from the Authority Details of the The SCN pertains to ITC availed on invoices issued by a violation(s)/contravent supplier whose GST registration was cancelled with ion(s) committed or retrospective effect. However, the supplier had deposited alleged to be the applicable GST. committed Impact on financial, The Company does not presently envisage any immediate operation or other material impact on its financials, operations or other activities of the activities arising from the said matter. Company, quantifiable in monetary terms to The Company is in the process of submitting an appropriate the extent possible. reply to the aforesaid SCN within the prescribed timeline. Regd. Office: 26, DDA Flats, Shivalik Road, Panchsheel Park, South Delhi, New Delhi-110017