Praruh Technologies Limited has informed stock exchanges about receiving a GST demand order from tax authorities in Uttar Pradesh. The disclosure was made pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Demand Details

The company received an Order-In-Original from the Office of Deputy Commissioner, State Tax Department, Khand-2, Gautam Budh Nagar, Uttar Pradesh GST Range on March 25, 2026. The order pertains to GST demand for Financial Year 2019-20.

Company's Response and Impact Assessment

Praruh Technologies has assessed the impact of this GST demand order on its business operations. The company has stated that there is no material impact on the financials, operations, or other activities due to this order. The management emphasized that the order is currently appealable under the GST framework.

The company plans to file an appeal against the demand order before the stipulated due date. This approach indicates the company's intention to contest the GST demand through proper legal channels available under the tax regulations.

Regulatory Compliance

The disclosure was made in compliance with SEBI Listing Regulations, specifically referencing Sub-Para 20 of Para A, Part A of Schedule III. The company also followed guidelines from SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, which provides framework for such regulatory disclosures.

Managing Director Vishal Prakash signed the disclosure document, ensuring proper authorization and compliance with corporate governance requirements. The company has fulfilled its obligation to keep investors and stakeholders informed about material developments that could potentially impact its operations.

Praruh Technologies Limited has announced securing a major contract from RailTel Corporation of India Ltd., marking a significant milestone in the company's telecommunications infrastructure business. The purchase order, valued at ₹38,98,16,753.90, involves comprehensive MDWDM system implementation across multiple locations nationwide.

Contract Overview

The comprehensive agreement encompasses the design, supply, installation, testing, and commissioning of MDWDM systems, including integration with RailTel's existing network infrastructure. The project scope extends beyond initial implementation to include maintenance services for a complete 8-year period.

Technical Implementation Details

The project involves implementing an optical fiber-based Metro-DWDM system utilizing new generation optical networking systems with SDN-based architecture. The network infrastructure is designed to accommodate growing bandwidth demands while maintaining compatibility and enhanced flexibility for transporting various traffic types using Dense Wave Division Multiplexer (DWDM) technology.

The implementation spans 286 locations across India, comprising approximately 400 Nokia Networks devices. This extensive deployment demonstrates the project's national scope and technical complexity, requiring comprehensive coordination across multiple geographical regions.

Project Specifications

Key technical and operational aspects of the contract include:

• Technology Platform: Nokia Networks equipment deployment
• Coverage Area: 286 locations across India
• Device Count: Approximately 400 devices
• Network Type: SDN-based optical networking systems
• Integration Requirement: Compatibility with existing RailTel network infrastructure

Regulatory Compliance

Praruh Technologies has disclosed this contract in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no promoters have any interest in RailTel Corporation, and the transaction does not fall under the Related Party Transaction category, ensuring arm's length commercial terms.

The contract represents a significant business development for Praruh Technologies, demonstrating the company's capabilities in large-scale telecommunications infrastructure projects and its position in the Indian telecom equipment market.