BSECompany Update6d ago · 25 Aug 2026, 10:27 am

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Nuvoco Vistas Corporation Ltd · 543334

✦ AI SummaryLitigation

Nuvoco Vistas Corporation Ltd has received a Show Cause Notice from the Joint Commissioner, CGST, Durgapur Audit Commissionerate, West Bengal, proposing denial of input tax credit and output tax liability, amounting to Rs.15.41 crores for four years from FY 2020-21 to FY 2023-24.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment4/10

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Nuvoco Vistas Corporation Ltd - 543334 - Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

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Ref. No.: Sec/82/2026-27 August 25, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, C–1, Block G, Bandra Kurla Street, Fort, Mumbai – 400 001 Complex, Bandra East, Mumbai – 400 051 Scrip Code: 543334 Trading Symbol: NUVOCO Scrip ID: NUVOCO Dear Sir/Madam, Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”) Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the Listing Regulations, SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 (as amended), we hereby inform that the Joint Commissioner, CGST, Durgapur Audit Commissionerate, West Bengal has issued a Show Cause Notice to NU Vista Limited, wholly owned subsidiary of the Company. The requisite information is given in Annexure A. The same is being made available on the Company’s website at www.nuvoco.com. We request you to take the above on record. Thanking you, Yours faithfully, For Nuvoco Vistas Corporation Limited Shruta Sanghavi SVP and Company Secretary Encl: a/a Nuvoco Vistas Corp. Ltd. Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070 Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229 Annexure A Name(s) of the opposing party Joint Commissioner, CGST, Durgapur Audit Commissionerate, West Bengal Court/ Tribunal/Agency where The Company will file an appropriate reply before the litigation is filed Joint Commissioner, CGST, Durgapur Audit Commissionerate, West Bengal. Brief details of dispute/litigation The Show Cause Notice issued, proposes denial of input tax credit in respect of different inputs viz., civil construction, toll charges, canteen, etc. It also proposes denial of reduction in output tax liability arising from credit notes issued towards sales returns and post-sale discounts. The proposed demand pertains to four years from FY 2020-21 to FY 2023- 24, amounting Rs.15.41 crores Expected financial implications, The Company believes it has sufficient documentary if any, due to compensation, evidence in support of its position and is confident penalty etc that, upon consideration of the submissions and supporting records, the matter would be appropriately resolved. Accordingly, the matter will have no major financial impact on the Company. Quantum of claims, if any NA Nuvoco Vistas Corp. Ltd. Registered Office: Equinox Business Park, Tower-3, East Wing, 4th Floor, Off. Bandra Kurla Complex, LBS Road, Kurla (West), Mumbai-400070 Tel: +91 (0) 22 67692500 / +91 (0) 22 67692525 | Fax: +91 (0) 22 67692572 | website: www.nuvoco.com | CIN- L26940MH1999PLC118229