ONEMI TECHNOLOGY SOLUTIONS LIMITED : SCN RECEIVED BY WHOLLY OWNED SUBSIDIARY

• Si Creva Capital Services Private Limited, a wholly owned subsidiary, received a Show Cause Notice (SCN) from the Goods and Services Tax Department, Maharashtra. • The SCN relates to financial year 2022-23 and alleges contraventions including non-reversal of ITC, short reversal of ITC, ITC availed not specified, excess outward tax, and tax short paid. • The total demand raised in the SCN amounts to ₹44.06 Cr, comprising tax demand of ₹22.03 Cr, interest of ₹19.83 Cr, and penalty of ₹2.20 Cr. • The company believes the SCN has no merits and Si Creva will contest it, with no expected material financial impact. Impact: Neutral (Show Cause Notice received by subsidiary; company believes no merits and no material financial impact.)

OnEMI Technology Solutions Limited

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