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

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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. 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.

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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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IRFC_30072026102603_Intimationoftaxlitigation.pdf

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giv ca rty q,TiiT<ttll fas (mdtila5Tra5T3aq) di3Tfa L659ioDLi986Goi026363) ¥ap#i.E6¥¥givtfuiE=LqaHgB¥dsT*,rf¥FTands,T€fan-iiun3 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 i:`LagaBn;bsue[::es:I;°&e!omp|,anceofficer#`