BSECompany Update26 Aug 2026 · 26 Aug 2026, 08:34 pm

Intimation under Regulation30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Mukta Arts Ltd · 532357

✦ AI SummaryRegulatory

Mukta Arts Ltd has received a Show Cause Notice (SCN) from the Commissioner of CGST and Central Excise, Vadodara Zone, regarding GST audit observations for FY 2020-21 to 2023-24. The company's subsidiary, Mukta A2 Cinemas Private Limited, is seeking expert advice and will contest the SCN.

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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Mukta Arts Ltd - 532357 - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

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26th August, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (East), Mumbai – 400051 Scrip Code: 532357 - EQ Symbol: MUKTAARTS – EQ Kind Attn: Corporate Relations Department Dear Sir/Madam, SUB: INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 Pursuant to regulation 30, this is to inform you that Mukta A2 Cinemas Private Limited (“Mukta A2”), a material subsidiary of Mukta Arts Limited (“the Company”) has received a Show Cause Notice (‘SCN’) under section 74 of the CGST Act, 2017 dated 24th August, 2026 from the office of the Commissioner of CGST and Central Excise, Vadodara Zone. The requisite details, as per Regulation 30 read with Schedule III of the SEBI Listing Regulations and SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 as Annexure - A. Mukta A2 had received the SCN via email on 24th August, 2026. The delay in intimation was due to the time required for internal review and verification of the SCN to ensure an accurate and complete disclosure is made to the Stock Exchanges. Kindly take the above information on your records Yours faithfully, For Mukta Arts Limited Pratiksha Panchal Company Secretary & Compliance Officer Encl: a/a Annexure – A Name of the Authorities Office of the Commissioner of CGST and Central Excise Audit Commissionerate Vadodara Nature and details of the action(s) taken, Mukta A2 has received a Show Cause Notice in initiated or order(s) passed; response to the GST Audit observation for the financial year 2020-21, 2021-22, 2022-23 and 2023-24 Date of receipt of direction or order, SCN received via email on 24th August, 2026. including any ad-interim or interim orders, or any other communication from the authority Details of the violation(s)/contravention(s) In line with the audit observations highlighted committed or alleged to be committed under various sections/Rules of the GST Act, the department has asked the Mukta A2 to regularize the contraventions of various sections/Rules with consequential demand of interest and penalty wherever applicable. Mukta A2 is seeking an expert advice and contest the SCN and will submit its response accordingly. Impact on financial, operation or other There is no material impact on financial, activities of the listed entity, quantifiable in operation or other activities of the Company. In monetary terms to the extent possible. the event any penalty is adjudicated and becomes payable the same shall be payable by Mukta A2. The financial of Mukta A2 are consolidated with the financials of the Company.