DC Infotech & Communication Limited has filed its mandatory disclosure with the National Stock Exchange and BSE Limited under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The disclosure confirms the promoter and promoter group's shareholding status and encumbrance details as required by securities regulations.

Promoter Shareholding Details

According to the declaration submitted on April 7, 2026, the company's promoter and promoter group collectively hold significant equity stake in the organization. The disclosure provides transparency regarding substantial shareholdings as mandated by SEBI regulations.

Regulatory Compliance

The declaration was submitted by promoter Chetankumar Timbadia on behalf of himself and the entire promoter group of DC Infotech and Communication Limited. The filing confirms that no encumbrances were created on the promoter group's shareholding during the financial year ended March 31, 2026.

Whole Time Director Devendra Sayani, bearing DIN 06731484, signed the covering letter transmitting the disclosure to both stock exchanges. The submission fulfills the company's obligation under SEBI's substantial acquisition and takeover regulations.

Company Information

DC Infotech & Communication Limited operates from its registered office at Unit No.2, Aristocrate, Lajya Compound, Mogra Road, Andheri (E), Mumbai. The company is incorporated under CIN L74999MH2019PLC319622 and maintains its stock exchange presence under the symbol DCI with scrip code 543636.

The disclosure represents standard regulatory compliance for listed companies, ensuring transparency in promoter shareholding patterns and any changes in encumbrance status during the financial year.

DC Infotech & Communication Limited has disclosed receiving a substantial GST demand order from tax authorities, totaling over ₹6.32 crore in combined tax demand and penalties. The company informed stock exchanges on March 28, 2026, pursuant to regulatory disclosure requirements under SEBI Listing Regulations.

GST Demand Details

The Assistant Commissioner CGST & Central Excise, Mumbai East Commissionerate, Maharashtra, has issued an order with the following financial implications:

Nature of Alleged Violations

The order addresses alleged discrepancies spanning five financial years from 2019-20 to 2023-24. The tax authorities have identified supposed mismatches between:

• Tax credits availed in GSTR-3B returns
• Credits available in GSTR-2A statements

The demand has been levied under Section 74 of the Central Goods and Service Tax Act, read with Section 20 of the Integrated Goods and Service Tax Act 2017, along with other applicable rules.

Company's Response and Legal Strategy

DC Infotech & Communication has strongly contested the order's validity. The company's management believes the order is incorrect and fails to adequately consider the merits of their contentions. Key aspects of their response include:

• Legal Challenge: The company is preparing to file an appeal with the appropriate authority
• Order Assessment: Management considers the demand unjustified based on their analysis
• Expected Outcome: The company anticipates the demand will be dropped following the redressal process

Financial and Operational Impact

The company has stated there is no material impact on its financials, operations, or other business activities. This assessment reflects management's confidence in successfully challenging the order through the appellate process.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The communication was addressed to both the National Stock Exchange of India and the Bombay Stock Exchange, ensuring full transparency with stakeholders regarding this significant regulatory development.

The company received the order communication on March 28, 2026, and promptly informed the exchanges on the same date, demonstrating adherence to timely disclosure requirements.