NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company4d ago · 12 Aug 2026, 01:55 pm

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

Innovision Limited · INNOVISION

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Innovision Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. The company has received an order from the Additional commissioner, Central Goods & Service Tax Commisionerate, Dehradun, reducing the penalty to a fixed amount of Rs. 10,000/-.

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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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Innovision Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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INNOVISION2007_12082026135539_Reg_30_Intimation_GST_ORDER_Signed.pdf

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Date: 12-08-2026 To, To, The Manager The Manager, Listing Department Listing Department BSE Limited, National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Plot C/1, Dalal Street, Mumbai-400 001 G Block, Bandra-Kurla Complex BSE Code: 544732 Mumbai – 400051. NSE Code: INNOVISION Dear Sir/Madam, Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir / Madam, In accordance with the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we wish to inform you that Innovision Limited has received the Order passed under Section 74 of the Central Goods and Services Tax Act, 2017 (“CGST Act”) and (“UKGST Act”) in its Favour wherein the separate record-keeping penalty under Section 122(1)(xvi) is been modified and reduced to a fixed penalty of Rs. 10,000/- The details, as required under Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No: SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 & SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 is enclosed as Annexure A. Further, pursuant to Regulation 30 of SEBI Listing Regulations, and in accordance with the requirement of Clause 8 of Para B of Part A of Schedule III of LODR read with Clause 8.1 of SEBI, circular Dated January 30, 2026 is required to disclose pendency of any litigation(s) or dispute(s), the outcome of which can reasonably be expected to have an impact on the listed entity. based on the Company’s assessment, prevailing laws, and basis the advice of the counsel, the outcome of such litigations/disputes is not reasonably expected to have any material financial impact on the Company. The details, as required under Clause 8 of of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No: SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 & SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026is enclosed as Annexure B. INNOVISION LIMITED ISO 9001: 2008 | ISO/IEC 27001: 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700 Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi-110010 0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in Annexure A Sl No Particulars Remarks 1 Name of the authority Additional commissioner, Central Goods & Service Tax Commisionerate, Dehradun 2 Nature and Details of the action(s) taken In FY 2019–20, the tax payable initiated or order(s) passed amounted to Rs. 15,70,378 under CGST and an equal amount under SGST, with penalties of Rs 31,40,756 each, bringing the total liability to Rs 94,22,268 under both heads. In FY 2023–24, the tax payable was Rs 3,33,98,202 under each CGST and SGST, with penalties of Rs 6,67,96,404 each, resulting in a total liability of Rs 20,03,89,212 under both CGST and SGST. 3 Date of receipt of direction or order, Company has received the order on 11th including any ad-interim or interim August, 2026 orders, or any other communication from the authority; 4 Details of the violation(s)/ Dispute raised by GST Department in contravention(s) committed or alleged to filed GSTR returns of relevant periods be committed; 5 Penalty Amount Imposed under Section 10,000/- 122(1)(xvi) 6 Impact on financial, operation The Agreement remains valid till or other activities of the Company, completion of scope of services or end of quantifiable in monetary terms to the contractual duration (whichever is extent possible; earlier) unless mutually extended by both the parties. 7 Expected financial implications, if any, due There are no adverse financial to compensation, penalty etc and implication on the Company. quantum of claims, if any INNOVISION LIMITED ISO 9001: 2008 | ISO/IEC 27001: 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700 Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi-110010 0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in Annexure B Sr.No. Particulars Remarks 1. Name of the opposing party Additional commissioner, Central Goods & Service Tax Commisionerate, Dehradun 2. Date of initiation of the litigation / Order Dated March 20, 2026, the dispute company has received the order on March 30, 2026 3. Status of the litigation / dispute as Set Aside per last disclosure 4. Current status of the litigation / Decided in Favour of the Appellant dispute Company-Innovision Limited This is for your information, records and appropriate dissemination. Yours sincerely, For, Innovision Limited Name: Jyoti Sachdeva Company Secretary & Compliance Officer M No –A22176 INNOVISION LIMITED ISO 9001: 2008 | ISO/IEC 27001: 2005 | ISO 14001:2015 | OHSAS 18001:2007 | CIN NO. U74910DL2007PLC157700 Corp. Office: Plot No 251, 1st Floor, Udyog Vihar, Phase 4, Gurugram-122015, Haryana. | Regd. Office: 1/209, First Floor Sadar Bazar, Delhi Cantt Delhi-110010 0124-4387354/2341602, | 0124-2340186, | info@innovision.co.in, | www.innovision.co.in