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

giv RE rfu q.i qT{-FT fRE tuTcaH{5itfflGtitTirdiGTrfeL659ioDLi986Goi026363] ap fflrfe Tp tat, # fiat, lil Gritiiti-I taH, :Th ffarFi tTrf, FTfa an,tfr€ft ds, T€ RE _ i 1 0003 g{`m +9ioii-2436148o €-fa mfo@irfc.co in,aEFTF httos.//lrrcco.in INDIAN RAILWAY FINANCE CORPORATION LTD. ('A Govemmenl of li`dia Enterprisil) (CTf\T. Lo5910DL1986GO[026563) RegiL OlficL> LG Fl\`(ii, F.tist To`\rcr, NBCC P',a``c, Bhish[im Pi[cimc`h ivl{`ig, Picigci[i \'ihcii, Loi]hL Rocid, \'ew Delhi -110()lil Phoiie: +91 -011-2i36] 480 E-mc`il: mfo@irfi`.co.in \\ebsite. https:/ / H.fc.co.in/ No: IRFC/SE/2026-27/37 24[1] August 2026 National Stock Exchange of India Limited Listing depai.tmen[, Exchange Pla`/.a, :,SsE,:;mDtet;td/ Dept of corporate servlces, I Bandra-Kurla Complex, Bandra (E) Pl Towel-s, Dala[ Street, Mumbai-400 051 Mumbai -400 001 mbol: IRFC I Scrip Code: 543257 Subject: Disclosure under Regulatlon 30 of SEBI [Listing Obligations and Disclosure Red_uirements Regulations. 2 015 -Show Cause Notice received from GST Authoritv Sir/ Maclam, Pursilant to Regulation 30 read with Scheclule Ill of the SEB[ (Listing Obligations and Di`sclosure Requirements) RegLtLlations, 2015 ("SEBI Listing Regulations") and other applicable regulations, we hereby inform you that the Company has receivecl a Show Cause Notice ("SCN") on 24th August 2026 from the Assistant Commissioner of State Tax ("the GST Authority''), issued under Section 73 of the Central Goods and Services Tax Act, 2 017. The Company is evaliia[ing the SCN and, based on advice from its tax aclvisors, shall fili` a cletailed reply with the adjudicating authority within the prescribed timelines, anct shall pursue all legal remedies available to it. The details require(I under Regulation 30 of the SEBI Listing Regulations I.ead along with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th /anuary 2026, and the disclosilre as i`equired under Regi`lat{on 30(13) of the SEBI Listing Regulations read with the lndusti-y Standards Note on Regulation 30 of SEBI Listing Regulations dated 25th Febri`ary 2025, are enclosecl herewith as Annexure -1 and Annexure-2 I.cspectively. This is submitted for your Information record. Thanking You, For Indian Railway Finance Corporation Limited (Vijay Babulal Shirode) Company Secretary & Compliance Officer Encl: As above Annexure - 1 Det(!ils reqLlii.e(I Linder Regulation 30 of the SEBI Listing Regulations read alon`g with SEB] Master Circular Ncl, HC)/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026 Sr.No. Particulars Details I i Name(s) c)fthe opposing party, The Assistant Commissioner of State Tax, Delhi Zonal Umt coiH`t/ tribiinal/agency wherelitigcitionisfilect ("the GST Authority"), being the is`suing authoi-ity 2 Briet` cletai ls of litigation The Company hcis I.eceived a Show Cause Notice ("SCN") on 24th I Augiist 2026 from the GST Authority, Iss\iecl under Section 73 I of the Centi.z`l Goods and Services Tax Act, 2017 ("CGST Act").TheSCN,inter-alia,isreceivedonaccoiintofexcessinpllttax credit (ITC) of Rs 305,38,46,775/-(Rupees Thi-ee Hundred Five Ci`ore Thirty-Eight Lakh Foi`ty-Six Thousand Seven Huildred Seventy-Five Rupees Only) claimed on account of non-reconciliation of Information for the FY 2022-23, along with applicable interest and penaltyTotalamountalongwithapplicable interest & penalty is Rs 549,32,42,846/-(Riipees Five Hun(lred ancl Forty-N]ne Crore ThirtyiTwo Lakh Forty,Two Thousancl Eight Hundred and Forty-Six Rupees Only) .3 Expected financial implications, if No immecliate financial impact on the Company at this stage. any, due to compensation, The Company is in the process cit`evaluating the SCN and, based rJenalty etc on advice from Its tax ci(lvisors, shall file a detailecl reply with the adjudicating authority within the prescnbed timelines, and shall pursue all legal remeclies available to it. 4 Quantum of claims, if any As described in Sr. No 2 above Aiinexure - 2 Details required under Regulation 30(13) of the SEBI Listing Regulations read along with the Industry Standards Note on Regulcition 30 of SEBI Listing Regulations dated 25th February 2025 lsr.No. Particulars Details 1 Name of the listed company [nclian Railway Finance Corporation Limitecl ("IRFC'') 2 Type ()f communlcation received Show Caiise Notice issued under Section 73 of the Central Goocls and Services Tax Act, 2017, receivecl by the Company through e- mail communicatioil. 3 Date of receipt ofcommunication 24t)l August 2026 4 Authority fi.om whom The Assistant Commissioner of State Tax, Delhi Zonal Unit ("the communication receivecl GST Authority"), 5 Brief summciry of the materialcontentsofthecommunicationreceived,mcluclmgreasonsforreceiptof'thecommunication Refer Sr. No. 2 of Anne,xure 1` 6 Period for which communicationwouldbeapplicable,ifstatecl April 2022 to March 2023 (FY 2022-23) 7 Expected financial Implications onthelistedcompany,ifany Refer Sr. No. 3 ofAnnexure 1. 8 Details of any aberratlons/non-compliancesictentifiedbytheauthorityinthecommunication Refer Sr No. 2 ofAnnexure 1. 9 Details of any penalty oi` restr[ction Nil. The communication is Show Cause Notice; no order has been or sanction Imposed pursuant to passed and no penalty, rest].iction ol` sanction has been imposed the commtmicat[on on the Company as on date. 10 Action(s) taken by listed companywithrespecttothecommunication Refer Sr. No. 3 ofAnnexure 1. 11 Any other relevant information None