Glottis Limited has announced that its board of directors will meet on Monday, May 25, 2026. The primary agenda of the meeting is to consider and approve the audited standalone and consolidated financial results of the company for the quarter and year ended March 31, 2026.

The proceedings will be conducted in accordance with Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory compliance ensures that the financial disclosures adhere to the standards set by the market regulator.

In conjunction with the board meeting, the company has informed the exchanges about the closure of the trading window. This restriction applies to all designated personnel and their immediate relatives. The window will remain closed until 48 hours after the conclusion of the board meeting, specifically until May 27, 2026, to prevent the misuse of unpublished price-sensitive information.

The intimation regarding the board meeting and subsequent results will be available on the official website of the company. Nibedita A Panda, the Company Secretary and Compliance Officer, signed the intimation on May 19, 2026.

Key Meeting Details

Glottis Limited has successfully resolved the GST scrutiny proceedings that were initiated against the company for Financial Year 2022-23. The company announced on April 24, 2026, that the GST authorities have dropped the proceedings and closed the scrutiny in favor of the company after finding their reply satisfactory.

Initial GST Scrutiny Notice

The company had initially received a GST scrutiny notice in Form GST ASMT-10 from the Office of the Superintendent of GST & Central Excise dated April 17, 2026. The notice alleged excess availment of Input Tax Credit (ITC) with a proposed liability of ₹2.73 crore for FY 2022-23.

Company's Response and Resolution

Glottis Limited submitted its reply on April 22, 2026, along with necessary reconciliations and clarifications addressing the allegations. The Office of the Superintendent of GST & Central Excise found the company's response satisfactory and subsequently passed an order in GST ASMT-12 dated April 24, 2026, dropping the proceedings.

Regulatory Compliance

The company disclosed this positive development through a regulatory filing under Regulation 30 of SEBI Listing Regulations on April 24, 2026. The disclosure was made pursuant to SEBI Master Circular and Industry Standards note on Regulation 30 of SEBI LODR Regulations. Nibedita Panda, Company Secretary and Compliance Officer, signed the disclosure filed with both NSE and BSE.

Impact Assessment

According to the company's latest disclosure, there are no financial, operational, or other implications arising from the resolution of the GST scrutiny proceedings. The successful resolution eliminates the previously proposed liability of ₹2.73 crore, providing clarity on the company's tax position for FY 2022-23.