5paisa capital has received a GST order from Central Tax authorities involving a demand of ₹9.98 lakh including interests and penalties. The company disclosed this development under SEBI Listing Regulations on March 13, 2026, following receipt of the order dated March 12, 2026.

GST Order Details

The order was passed by the Office of the Superintendent of Central Tax, Range – ASD 5, South Division 5, Bengaluru-34, under the provisions of the Central Goods and Services Tax Act & Rules, 2017. The authority determined the demand for FY 2019-20 under CGST Rules, 2017.

Nature of Violations

The GST order relates to several alleged contraventions for FY 2019-20:

• Excess and ineligible Input Tax Credit (ITC) claims
• Declaration of incorrect tax liability
• Mismatch in tax records
• Issues under CGST Act, 2017, KGST Act, 2017, and IGST Act, 2017

The Deputy Commercial Tax Officer under the jurisdiction of Superintendent Of Central Tax Range-ASD5, South Division-5 Bengaluru South Commissionerate passed the order determining the demand, interest and penalty.

Company's Response and Next Steps

5paisa Capital has outlined its planned course of action in response to the GST order:

• The company intends to file an appeal against the order within prescribed statutory timelines
• Complete records and supporting documentation for all transactions have been maintained
• The company expresses confidence in substantiating its position before authorities
• Appropriate clarifications will be submitted to the tax authorities

Financial Impact Assessment

According to the company's disclosure, there is no material impact on the financial, operational or other activities at this stage. The company is currently in the process of evaluating the order and will take appropriate steps including filing an appeal within the prescribed timelines.

5paisa Capital remains committed to maintaining the highest standards of corporate governance and will continue making disclosures in compliance with SEBI Listing Regulations. The disclosure was made pursuant to SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

5paisa capital has announced the outcome of its board meeting held on March 11, 2026, finalizing the comprehensive terms of its rights issue following the initial approval granted on February 24, 2026. The company will raise ₹4,688.23 million through the issuance of 15,627,419 fully paid-up equity shares at ₹300 per share, including a premium of ₹290 per share.

Rights Issue Structure and Pricing

The board has determined the complete framework for the rights issue, setting competitive terms for existing shareholders. The issue will follow a 1:2 entitlement ratio, meaning eligible shareholders will receive one rights equity share for every two fully paid-up equity shares held as on the record date.

Timeline and Key Dates

The company has established a comprehensive timeline for the rights issue process, ensuring adequate time for shareholder participation. The record date has been set for March 17, 2026, to determine eligible shareholders, with the issue opening on March 27, 2026.

Share Capital Impact

The rights issue will significantly expand the company's equity base, with outstanding equity shares increasing from 31,254,838 shares to 46,882,257 shares, assuming full subscription. This represents a substantial capital infusion that will strengthen the company's financial position.

Regulatory Approvals and Compliance

The company has received in-principle approvals from both BSE Limited and National Stock Exchange of India Limited on March 05, 2026, for the proposed rights issue. The announcement has been made in compliance with Regulation 30 of the SEBI Listing Regulations, with the board meeting conducted from 07:30 PM to 08:30 PM IST on March 11, 2026.

The rights issue will be conducted in accordance with the Companies Act, 2013, SEBI Issue of Capital and Disclosure Requirements Regulations, 2018, and other applicable laws. Off-market renunciation will be permitted, with shareholders required to ensure completion prior to the issue closing date. The board and rights issue committee retain the right to extend the issue closing date, subject to the issue period not exceeding 30 days from the opening date.