Quess Corp Limited has announced that it has received an ESG (Environmental, Social, and Governance) rating of 74 from NSE Sustainability Ratings & Analytics Ltd., a SEBI-registered ESG Rating Provider. The company made this disclosure on April 02, 2026, in compliance with regulatory requirements.

Rating Details and Assessment

The ESG rating assignment was conducted voluntarily by NSE Sustainability based on publicly available information about the company. NSE Sustainability communicated this rating to Quess Corp through an email dated April 02, 2026.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that it has not engaged NSE Sustainability for this rating assessment, making it an unsolicited evaluation.

Company Communication

Quess Corp has indicated that this rating information will be made available on the company's official website at www.quesscorp.com . The disclosure was signed by Kundan K Lal, Company Secretary & Compliance Officer, with membership number F8393.

The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, with the company's security code 539978 on BSE and symbol QUESS on NSE.

Quess corp Limited has received a GST penalty order of Rs. 39.36 lakhs from tax authorities in Mumbai, the company disclosed in a regulatory filing on March 31, 2025. The order was issued by the Office of Assistant Commissioner of CGST & C.Ex., Division-X, Mumbai East, under Section 74 of the CGST Act, 2017.

Order Details and Timeline

The GST order was originally dated March 18, 2026, and was received by the company on March 30, 2026, at 03:11 P.M. The order was issued in Form GST DRC-07 under the applicable provisions of the CGST Act and related rules.

Nature of Alleged Violations

The penalty order addresses two specific GST compliance issues identified by the tax authorities:

• Short payment of tax: Rs. 2.68 lakhs allegedly under-reported in Form GSTR-3B compared to tax liability disclosed in Form GSTR-1
• Excess Input Tax Credit availment: Rs. 36.67 lakhs excess ITC claimed in Form GSTR-3B versus details reflected in Form GSTR-2A

Company's Response and Impact Assessment

Quess Corp Limited has indicated that the order will not have a material impact on the company's financial position or operational activities. The company has assessed the facts and applicable legal provisions and is preparing to challenge the order through proper legal channels.

The company plans to file an appeal with the Appellate Authority regarding this GST penalty order. This disclosure was made in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Compliance

The disclosure follows the requirements under SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The company has made this information available on its official website at www.quesscorp.com as part of its transparency obligations to stakeholders.