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.

DC Infotech & Communications Limited has officially announced a three-year extension of its procurement agreement with Tata Communications Limited, as disclosed in a regulatory filing under Regulation 30 of SEBI Listing Regulations. The extension strengthens the company's position in delivering advanced technology solutions to enterprise and government customers.

Agreement Extension Details

The procurement deal extension has been formalized with specific implementation parameters:

Service Portfolio and Strategic Focus

Under the renewed agreement, DC Infotech will continue leveraging Tata Communications' comprehensive portfolio to deliver networking, cloud, digital infrastructure, and enterprise communication solutions. The transaction-based arrangement provides flexibility and scalability to address evolving customer requirements across multiple technology domains.

Management Commentary

The company's management highlighted the strategic importance of this partnership extension. According to the official statement, the renewed agreement strengthens the long-standing partnership with Tata Communications and aligns with the company's strategy of deepening collaborations with leading technology providers.

Management emphasized that such alliances are critical for delivering integrated and future-ready solutions to customers. The agreement is expected to provide greater visibility to the business pipeline and support sustained growth over the coming years, while enhancing the company's ability to address evolving enterprise requirements.

Business Impact and Future Outlook

The three-year extension from March 2026 to March 2029 provides operational continuity and strategic stability for both organizations. This partnership enables DC Infotech to expand into higher-value solution offerings while improving customer engagement and building long-term relationships.

The arrangement reinforces DC Infotech's commitment to delivering advanced technology solutions and maintains its access to Tata Communications' extensive digital infrastructure capabilities, supporting the company's growth trajectory in the competitive IT services market.