Endurance Technologies Limited has scheduled a one-on-one meeting with officials from Goldman Sachs India Securities Private Limited on May 28, 2026, in Pune. The meeting is set to take place from 5.00 p.m. to 6.00 p.m., where senior management representatives from the company will participate.

The disclosure was made in accordance with Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the meeting schedule is subject to change due to exigencies on the part of the analysts, investors, or the company.

A copy of the presentation that may form part of the discussions during the meeting has been made available. Stakeholders can access the document through the provided link to review the materials that will likely be discussed.

Meeting Details

Endurance Technologies Limited has received a favourable outcome in a tax dispute, with the appellate authority allowing the company's appeal and setting aside a demand order that had been raised against it. The development was disclosed to the stock exchanges on 15th May, 2026, pursuant to Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Background of the Demand Order

The matter originates from an Order passed by the Deputy Commissioner (CT), LTU-DC1, Tamil Nadu, which was first intimated to the exchanges on 18th February, 2025. The Demand Order pertained to the financial year 2020-21 and involved a total demand of Rs. 98.28 lakh, comprising the disputed tax amount, interest, and penalty. The subject matter related to Credit Notes issued to customers towards sales return transactions and interest on reversal of input tax credit. The key details of the original demand are summarised below:

Appeal Filed and Outcome

Following the issuance of the Demand Order, Endurance Technologies filed an appeal before the Office of the Joint Commissioner (ST), Appeals, Chennai-35, seeking to set aside the order. Upon submission of supporting documents by the company, the appellate authority reviewed the matter and ruled in favour of the company.

The Joint Commissioner (ST), Appeals, vide Order dated 14th May, 2026, allowed the appeal and set aside the aforesaid Demand Order in its entirety. This outcome effectively resolves the tax dispute that had been pending since the original order was passed.

Disclosure and Compliance

The update was communicated to both BSE Limited and the National Stock Exchange of India Limited in accordance with the applicable listing regulations. The disclosure was signed by Sunil Lalai, Company Secretary, Compliance Officer, and Head – Legal (Membership No.: A8078), on behalf of Endurance Technologies Limited, on 15th May, 2026.

The resolution of this demand order removes the contingent liability of Rs. 98.28 lakh that had been associated with the financial year 2020-21 tax proceedings.