Megri Soft Limited has submitted its annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming the promoter group's substantial shareholding position as of March 31, 2026. The disclosure was filed with BSE Limited and Metropolitan Stock Exchange of India Limited on April 4, 2026.

Promoter Shareholding Details

The company's promoter group, led by Mr. Mohnesh Kohli, maintains a significant stake in the organization. The shareholding structure demonstrates strong promoter commitment to the company's operations.

Encumbrance Status

The disclosure specifically addresses the encumbrance status of promoter holdings during the financial year. Mr. Mohnesh Kohli, representing the promoter group and persons acting in concert (PAC), has confirmed a clean shareholding structure.

Key highlights of the encumbrance disclosure include:

• No encumbrances made directly or indirectly during FY26
• Zero shares pledged as of March 31, 2026
• Complete transparency in shareholding arrangements
• Compliance with SEBI regulatory requirements

Regulatory Compliance

The filing demonstrates Megri Soft Limited's commitment to regulatory compliance and transparency. Company Secretary and Compliance Officer Saloni Garg facilitated the submission to both stock exchanges where the company's shares are listed.

The disclosure was submitted to the Audit Committee of Megri Soft Limited as part of internal governance procedures, ensuring comprehensive stakeholder communication regarding the promoter shareholding structure.

Megri Soft Limited has received a fresh assessment order from the Income Tax Department for Assessment Year 2013-14, resulting in a gross tax demand of ₹1,50,07,633. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, on March 21, 2026.

Background of the Tax Dispute

The current assessment order relates to an ongoing income tax litigation for AY 2013-14. The company had previously received a demand of ₹73,47,744 from the Income Tax Department, which was disputed and has been under litigation. The fresh assessment order has been passed under Section 143(3) read with Section 254 read with Section 144B of the Income Tax Act, 1961.

Details of the Assessment Order

The Income Tax Department has disallowed the deduction claimed by Megri Soft Limited under Section 80IC of the Income Tax Act, 1961. This disallowance has resulted in the following financial implications:

The assessment order was received by the company via email on March 21, 2026, at 10:25 AM IST.

Company's Response and Legal Action

Megri Soft Limited has expressed disagreement with the disallowance made under Section 80IC and the consequent demand raised by the Income Tax Department. The company intends to dispute the full gross demand of ₹1,50,07,633 by filing an appeal before the appropriate appellate authority under the Income Tax Act, 1961.

The company's planned actions include:

• Filing an appeal against the assessment order before the appropriate appellate authority
• Responding to the penalty notice and contesting it appropriately
• Taking necessary legal steps as advised by counsel

Penalty Proceedings

In addition to the assessment order, Megri Soft Limited has received a notice for initiation of penalty proceedings under Section 274 read with Section 271(1)(c) of the Income Tax Act, 1961. This notice is connected to the disallowance made under Section 80IC for Assessment Year 2013-14. No penalty has been levied as of the disclosure date, and the quantum of penalty, if any, is currently not ascertainable.

Impact Assessment

Based on the company's assessment, the tax demand is not expected to have any material adverse impact on the financial position or operations of Megri Soft Limited at this stage. The company maintains confidence in its position regarding the legitimacy of the Section 80IC deduction claimed for the assessment year in question.

The disclosure has been made available on the company's website at www.megrisoft.com , and the matter will be pursued through appropriate legal channels as the litigation process continues.