NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company19h ago · 15 Oct 2026, 04:13 pm

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

Dreamfolks Services Limited · DREAMFOLKS

✦ AI Summary▲ PositiveLitigation

Dreamfolks Services Limited has received a favourable order from the Office of the Commissioner of CGST & Central Excise (Appeals-II), Mumbai, setting aside a GST demand order of Rs. 1,35,09,720 plus applicable interest and penalty of Rs. 13,50,972.

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Earnings Impact0/10
Growth Catalyst0/10
Governance Concern0/10
Regulatory Risk0/10
Balance Sheet Risk0/10
Liquidity Impact0/10
Market Sentiment8/10

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Full Announcement

Dreamfolks Services Limited has informed the Exchange that the Company has received favourable Order dated October 14, 2026 from the Office of the Commissioner of CGST & Central Excise (Appeals-II), Mumbai, 3rd Floor, CGST Bhavan, Plot No. C-24, Bandra Kurla Complex, Mumbai-400051 (Appellate Authority) setting aside the GST Demand Order from the Office of the Assistant Commissioner, Division -VI CGST & Central Excise, Mumbai East Commissionerate dated August 31, 2024 imposing the demand of Rs. 1,35,09,720 /- plus applicable interest plus penalty of Rs. 13,50,972/- under provisions of applicable GST Law(s).

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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 15, 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 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) In continuation of the Intimation dated September 01, 2024, we hereby inform that the Company has received favourable Order dated October 14, 2026 from the Office of the Commissioner of CGST & Central Excise (Appeals-II), Mumbai, 3rd Floor, CGST Bhavan, Plot No. C-24, Bandra Kurla Complex, Mumbai-400051 (Appellate Authority) setting aside the GST Demand Order from the Office of the Assistant Commissioner, Division -VI CGST & Central Excise, Mumbai East Commissionerate dated August 31, 2024 imposing the demand of Rs. 1,35,09,720 /- plus applicable interest plus penalty of Rs. 13,50,972/- under provisions of applicable GST Law(s). 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 & Central Excise (Appeals-II), Mumbai, 3rd Floor, CGST Bhavan, Plot No. C-24, Bandra Kurla Complex, Mumbai-400051 (‘GST Appellate Authority’) Nature and details of The Company has received favourable Order dated the action(s) taken or October 14, 2026 from the GST Appellate Authority) setting order(s) passed aside the GST Demand Order from the Office of the Assistant Commissioner, Division - VI CGST & Central Excise, Mumbai East Commissionerate dated August 31, 2024 imposing the demand of Rs. 1,35,09,720 /- plus applicable interest plus penalty of Rs. 13,50,972/- under provisions of applicable GST Law(s). Date of receipt of October 14, 2026 direction or order, including any ad- interim or interim orders, or any other communication from the Authority Details of the The Company was alleged to have taken wrong claim of violation(s)/contravent Input tax credit on account of difference in ITC between ion(s) committed or GSTR-3B & GSTR 2A during the year 2019-20. alleged to be committed Impact on financial, NA operation or other activities of the Company, quantifiable in monetary terms to the extent possible Regd. Office: 26, DDA Flats, Shivalik Road, Panchsheel Park, South Delhi, New Delhi-110017