GREENLAM : RECEIVES SHOW CAUSE NOTICE FROM GST AUTHORITIES

• Assistant Commissioner (ST), (Chittoor), (TIRUPATI-II), Government of Andhra Pradesh, issued a Show Cause Notice (SCN) in FORM GST DRC-01 dated 29.09.2026. • The SCN alleges reversal of ineligible input tax credit for FY 2022-23 amounting to ₹773.50 Lakhs, with applicable interest and penalty. • Greenlam Limited, a wholly owned subsidiary, is the subject of the notice. • The company is reviewing the SCN and evaluating legal recourse, with no expected material impact on financials or operations. Impact: Neutral (Procedural notice; company expects no material impact)

Greenlam Industries Ltd

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