Capacit'e infraprojects Limited has submitted its mandatory quarterly certificate to stock exchanges, confirming the complete dematerialization status of its shares for the quarter ended March 31, 2026. The certificate was filed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Quarterly Dematerialization Status

The certificate, issued by KFin Technologies Limited, the company's registrar and share transfer agent, provides confirmation on two key aspects of share holding during Q4FY26:

Regulatory Compliance

The filing represents compliance with SEBI's depositories regulations, which require companies to report on the dematerialization status of their shares quarterly. Rahul Kapur, Company Secretary and Compliance Officer, signed the disclosure on April 03, 2026.

Share Transfer Agent Confirmation

KFin Technologies Limited, serving as the registrar and share transfer agent, issued the certificate confirming the dematerialization status. Dnyanesh Gharote, Vice President at KFin Technologies Limited, signed the certificate dated April 03, 2026.

Stock Exchange Communication

The company communicated this information to both BSE Limited (Scrip code: 540710) and National Stock Exchange of India Limited (Symbol: CAPACITE). The disclosure has been made available on the company's website at www.capacite.in for public access.

Capacit'e Infraprojects Limited has informed stock exchanges about receiving an adverse order from the Deputy Commissioner of State Tax on April 02, 2026, regarding ongoing GST proceedings. The appellate authority has upheld the original demands, marking a setback in the company's efforts to contest the tax assessment.

Background of GST Proceedings

The current order stems from GST proceedings that originated from an order issued by the Assistant Commissioner of State Tax – Maharashtra on July 30, 2021. The company had previously disclosed these proceedings to the exchanges on September 14, 2023, maintaining transparency about the ongoing tax dispute.

Current Status and Financial Impact

The Deputy Commissioner of State Tax, acting as the Appellate Authority, has upheld the demands of the same amount as originally assessed. However, the company has clarified that the amounts involved are already disclosed as contingent liabilities in its financial statements, ensuring no immediate financial impact on its operations.

Capacit'e Infraprojects has emphasized that there is no impact on its financial operations or other business activities despite the adverse order. The company maintains that it has adequate factual and legal grounds to substantiate its position in the matter.

Next Steps and Company Response

The company is currently in the process of filing an appeal before higher appellate forums against the Deputy Commissioner's order. This appeal will be filed within the prescribed timelines as mandated by tax regulations. The company has expressed confidence in its ability to reasonably substantiate its position based on factual and legal grounds.

Regulatory Compliance

In line with regulatory requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has promptly informed both BSE Limited and National Stock Exchange of India Limited about this development. The disclosure has also been made available on the company's website at www.capacite.in for stakeholder access.