BSECompany Update5 Aug 2026 · 5 Aug 2026, 04:36 pm

Letter attached

Hinduja Global Solutions Ltd · 532859

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Hinduja Global Solutions Ltd has informed that its subsidiary, IndusInd Media and Communications Ltd, has received a Service Tax Order for FY 2016-17 seeking recovery of ₹ 76.50 crore, equivalent amount of penalty and interest thereon. The company is examining the matter and will take up the matter with relevant authority including appropriate legal steps.

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Growth Catalyst1/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Hinduja Global Solutions Ltd - 532859 - Intimation Under Regulation 30 - Service Tax Order For FY 2016-17

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August 5, 2026 BSE Limited Na;onal Stock Exchange of India Ltd. Corporate Rela;on Dept. “Exchange Plaza” P. J. Towers, Dalal Street Bandra Kurla Complex, Bandra (East), Mumbai - Mumbai - 400 001 400 051 Scrip Code : 532859 Symbol : HGS Dear Sirs/ Madam, Sub: In:ma:on under Regula:on 30 of Securi:es and Exchange Board of India (Lis:ng Obliga:ons and Disclosure Requirements) Regula:ons, 2015 Pursuant to Regula;on 30 of the SEBI (Lis;ng Obliga;ons and Disclosure Requirements) Regula;ons, 2015 read with Sub-Para 20 of Para A of Part A of Schedule III, we have to inform you that IndusInd Media and Communica;ons Limited (‘IMCL’), Subsidiary of the Company, had received Service Tax Order in respect of FY 2016-17. In this regard, the requisite informa;on as per Schedule III under Regula;on 30 of the Lis;ng Regula;ons are given below:- SI. Par:culars Response i. Name of the Authority The Principal Commissioner, Central Goods and Services Tax and Central Excise, Nagpur-I Commissionerate. ii. Nature and details of the ac;on(s) taken, Service Tax Order for FY 2016-17 seeking recovery of ini;ated or order(s) passed the Service Tax demand of ₹ 76.50 crore, equivalent amount of penalty and interest thereon. iii. Date of receipt of direc;on or order, August 4, 2026 including any ad-interim or interim orders, or any other communica;on from the authority. iv. Details of the viola;on(s)/ contraven;on(s) Short payment/non-payment of Service Tax for FY commiced or alleged to be commiced 2016-17. v. Impact on financial, opera;on or other IMCL has neither received no;ce nor Service Tax Order ac;vi;es of the listed en;ty, quan;fiable in of alleged short payment/non-payment of Service Tax monetary terms to the extent possible. for FY 2016-17, opportunity to respond the no;ce and demand lecer earlier for said FY 2016-17 as these no;ces/ communica;ons were sent by the CGST & Central Excise Department to the address which was vacated by IMCL around two decades ago. HINDUJA GLOBAL SOLUTIONS LIMITED Corporate Office: Gold Hill Square So.ware Park, No. 690, 1st Floor, Hosur Road, Bommanahalli, Bengaluru - 560 068. India. Telephone: +91-80-4643 1000 / 4643 1222 Regd. Office: Tower C (1st floor), Plot C-21, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051. India. Telephone: +91-22-6136 0407, E-mail: investor.rela[ons@hgs.com Website: www.hgs.com Corporate Iden[ty Number: L92199MH1995PLC084610 Presently, IMCL is examining the macer and will take up the macer with relevant Authority including a ppropriate legal steps. The aforesaid informa;on is also being placed on the website of the Company at www.hgs.com Kindly take note of the above. For Hinduja Global Solu:ons Limited Narendra Singh Company Secretary F4853 Date and ;me of occurrence of event: August 4, 2026 at 5:05 pm HINDUJA GLOBAL SOLUTIONS LIMITED Corporate Office: Gold Hill Square So.ware Park, No. 690, 1st Floor, Hosur Road, Bommanahalli, Bengaluru - 560 068. India. Telephone: +91-80-4643 1000 / 4643 1222 Regd. Office: Tower C (1st floor), Plot C-21, G Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051. India. Telephone: +91-22-6136 0407, E-mail: investor.rela[ons@hgs.com Website: www.hgs.com Corporate Iden[ty Number: L92199MH1995PLC084610