NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company2d ago · 30 Jul 2026, 10:26 am
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
Indian Railway Finance Corporation Limited · IRFC
✦ AI SummaryLitigation
Indian Railway Finance Corporation Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. The Hon'ble Madras High Court has passed an order dated 27.07.2026 setting aside the recovery notice and remanding the matter for reconsideration. The demand of {{353.18 crores raised by the Assistant Commissioner (State Tax), Chennai, on ITC available in GSTR 2A but not claimed (lapsed), etc. is set aside and the matter is remanded for reconsideration.
Analysis Scores
Earnings Impact5/10
Growth Catalyst1/10
Governance Concern6/10
Regulatory Risk8/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment5/10
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Indian Railway Finance Corporation Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
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INDIAN RAILWAv FINANCE CoiapoRATloN LTD.
(A Government Of Ii`dia Enterprise) (CIN: L65910DL1986G01026363)
Rcgd, Office: UG Floor, Fast Tower, NBCC Place, Bhisham Pitamah Marg, Pragati Vihar, Lodhi Road, New Delhi -110003
Phone: +91J)11-2436148() E-Imil: infc(a)irfc.coini. Websito: https: / / irfc coin/
No: IRFC/SE/2026-27/26 30th July, 2026
National Stock Exchange of[ndia Limited BSE Limited
Listing departm ent, Exchange Plaza, Listing Dept/Dept of Corporate Services,
Bandra- Kurla Complex, Bandra (E) PJ Towers, Dalal Street,
Mumbai-400 051 Mumbai .400 001
Scrip Symbol: ]RFC Scrip Code: 543257
Shh istlosure under ReE!iilation 30 of tlie Securities ani
and Disc]osLire Reauirementsl Regulations. 2015
Sir/ Madam,
Pursuant to Regulation 30 read with Para 8 of Part A of Schedule Ill of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, and other applicable Regulations, the details as required under
Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/ HO/49/14/14(7)2025-CFD-
POD2/I/3762/2026 dated )anuary 30, 2026 are provided below:
Sr.No. Disclosure Details
1 The details of any change in the status and/or The Hon'ble mgh Court of)udicature at Madras has
any development in relation to such passed an order dated 27.07.2026 (received on
29.07.2026) stating "the impugned order and
proceedings:
recovery notice are set aside and the matter is
remanded for reconsideration. After providing a
reasonable opportunity to the petitioner, including a
personal hearing, a fresh order shall be issued within
three months from the date of receipt ofa copy ofthls
order.„.
As a result of the above order, the demand of
{353.18 crores raised by the Assistant
Commissioner (State Tax), Chennai, on ITC
available in GSTR 2A but not claimed (lapsed), etc.
is set aside and the matter is remanded for
reconsideration.
2 In the case of litigation against key Not Applicable
management personnel or its promoter or
ultimate person in control, regulariy provide
details of any change in the status and / or
any development in relation to such
proceedings:
3 ln the event of settlement of the proceedings, Not Applicable
details of such settlement including -terms of
the settlement, compensation/ penalty paid
(if any) and impact of such settlement on the
financial position of the listed entity:
This is submitted for your information and record.
Thanking You,
For Indian Railway Finance Corporation Limited
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