NSEPendency of Litigation(s)/dispute(s) or the outcome impacting the Company4 Jul 2026 · 4 Jul 2026, 06:52 pm

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

DCM Shriram Limited · DCMSHRIRAM

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DCM Shriram Limited has informed the Exchange about the update on material tax litigation for AY 2022-23 before ITAT, Delhi, where the ITAT has given relief and directed the Assessing Officer to correct computational errors and delete the demand of Rs. 249.27 crore.

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

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4th July 2026 BSE Limited National Stock Exchange of India Limited Phiroze JeeJeeBhoy Towers, Exchange Plaza, Dalal Street, 5th Floor, Plot No. C-1, G Block, Mumbai - 400 001 Bandra Kurla Complex, Bandra (E) Mumbai - 400 051 SCRIP CODE: 523367 SCRIP CODE: DCMSHRIRAM Sub : Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on Material Litigation Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, and referring to our earlier communication dated 1st November 2025 regarding material tax litigation for AY 2022-23 before ITAT, Delhi, we bring to your notice the following update, the notice of which has been received by the Company on 3rd July 2026 around 10.24 pm. The said Order has been brought to the notice of undersigned today, i.e., 4th July 2026 at around 12.57 pm. Particulars Details a) the details of any change in the The Company is in receipt of an order issued by the status and / or any development in Income-tax Appellate Tribunal (ITAT), New Delhi for relation to such proceedings; AY 2022-23 (FY 2021-22) dated 3rd July 2026. The ITAT has given the following relief: (Rs./Crs.) Tax effect of Tax effect effect the of the Order u/s of the matters additions appealed Relief referred made by against Granted back to (B) (C = A - 143(3) r.w.s. 178.24 (172.82) 5.42 144C (13) In addition, the ITAT has also directed the Assessing Officer (AO) to correct computational errors such as granting correct set off of the brought forward MAT Credit The AO had previously raised a demand of Rs. Rs.249.27 Crore vide order u/s 143(3) r.w.s 144C(13) dated 31st October 2025, which was stayed by the ITAT vide order dated 13th February 2026. The Company will now file an application before the AO to pass an order to give effect to the directions of ITAT and delete the demand of Rs. Rs.249.27 crore. b) in the case of litigation against key N.A. management personnel or its promoter or ultimate person in control, regularly provide details of any change in the status and/or any development in relation to such proceedings; c) in the event of settlement of the N.A. proceedings, 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. Thanking you, Yours faithfully, For DCM Shriram Limited (Deepak Gupta) Company Secretary & Compliance Officer