Glottis Limited has appointed M/s. CNGSN & Associates LLP as its Tax and Transfer Pricing Auditor for the financial year 2026-27. Additionally, the company appointed PKF Sridhar & Santhanam LLP as its Internal Auditor for the same period. These changes were approved by the Board of Directors during a meeting held on May 25, 2026.

The appointments were made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosures were submitted to the National Stock Exchange of India Limited and BSE Limited.

M/s. CNGSN & Associates LLP, a Chennai-based firm with over 33 years of experience, has been appointed for a one-year term. The firm comprises 17 partners and over 75 professionals, offering services in statutory audit, internal audit, and taxation across multiple cities including Chennai, Bangalore, and Hyderabad.

PKF Sridhar & Santhanam LLP has been appointed as the Internal Auditor for a one-year term. The firm is a Chennai-based professional services entity with over four decades of experience in internal audit and branches in key metropolitan areas across India.

The following table summarizes the auditor appointments:

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.