Odigma Consultancy Solutions Limited has received a GST demand order worth ₹16.75 lakhs from tax authorities in Karnataka, as disclosed in a regulatory filing on December 11, 2025. The company informed stock exchanges about this development under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Demand Order Details

The demand order was issued by the Office of the Assistant Commissioner, DGST O-5, Bengaluru, Karnataka in Form GST DRC-07 under Section 73 of the CGST/SGST Act, 2017. The order determines tax liability and levies penalty and interest for the assessment period.

Nature of Alleged Violation

The GST authorities have alleged disallowance of GST Input Tax Credit (ITC) claimed in the company's GST returns for the period from April 2021 to March 2022. The demand order specifically relates to input tax credits that the company had claimed during this assessment period.

Company's Response and Position

Odigma Consultancy Solutions has contested the demand order, citing provisions under Section 16 of the CGST Act, 2017. According to the company's assessment:

• A registered person is eligible to claim Input Tax Credit on services used for business purposes
• This eligibility is subject to possession of valid tax invoice or other prescribed tax-paying documents
• Actual receipt of services is also required for claiming ITC
• The company had reiterated this position in its additional submission filed in response to the Show Cause Notice

Financial Impact Assessment

The company has stated that based on its assessment, the aforementioned demand is not sustainable. Odigma Consultancy Solutions believes the order has been passed without adequately considering the crucial clarification provided under Section 16 of the CGST Act, 2017.

The company has explicitly stated that it does not anticipate any material impact on its financials, operations, or other activities arising from this matter. Management is currently evaluating all available options, including filing an appeal against the order.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The intimation has also been made available on the company's website at www.odigma.ooo for stakeholder reference.

Odigma Consultancy Solutions , a leading digital marketing company, has reported a strong financial performance for the quarter ended September 30, 2025 (Q2FY26). The company's strategic focus on bottom-line and retainer business has yielded significant growth in both revenue and profitability.

Key Financial Highlights

Strategic Focus on Sustainable Growth

Odigma's impressive financial results can be attributed to its deliberate strategy of prioritizing bottom-line businesses over top-line growth. Following its demerger from Infibeam Avenues Ltd and listing in December, the company has focused on building a sustainable business foundation through retainer-based services.

These services, including social media management, SEO, online reputation management (ORM), and creative design work, generate consistent cash flow for the company. This approach contrasts with top-line businesses that typically involve large-scale digital marketing campaigns, which offer substantial but sporadic revenue potential.

Future Growth Plans

As digital marketing spending continues to rise, Odigma plans to pursue higher revenue growth by targeting select top-line opportunities in large-scale campaigns. However, the company intends to maintain its focus on the cash-generating strength of its retainer-based business model.

Launch of RealAIse Platform

In a significant development, Odigma is launching RealAIse, an AI-powered lead engagement platform. This innovative tool is designed to help brands nurture leads more effectively, particularly in industries such as real estate, automobiles, and e-commerce.

Mathew Jose, Managing Director of Odigma Consultancy Ltd, commented on the launch: "AI is set to change the digital landscape forever, and brands that embrace it will see a positive impact almost immediately. RealAIse is a powerful tool in a brand's arsenal that harnesses AI to not only engage customers but also deliver vital insights on conversation metrics, key gaps, and potential queries, helping brands build better products and train their teams more meaningfully."

The introduction of RealAIse demonstrates Odigma's commitment to leveraging cutting-edge technology to enhance its service offerings and maintain its competitive edge in the digital marketing landscape.

Conclusion

Odigma Consultancy Solutions' Q2FY26 results reflect the success of its strategic focus on building a sustainable and profitable digital marketing business model. By prioritizing retainer-based services and investing in AI-driven solutions, the company is well-positioned to capitalize on the growing digital marketing spend while delivering long-term value to its stakeholders.