Nuvoco Vistas Corporation Limited — Others, 03-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Nuvoco Vistas Corp. Ltd. has received a tax dispute notice from Haryana authorities over input tax credit claimed in FY 2018-19, with a demand of Rs. 6.50 Cr including tax, interest, and penalty. The company is contesting the claim, referencing prior reconciliations, reversals, and relevant court rulings, and believes the demand is baseless and time-barred. Nuvoco expects a favorable resolution early in the process and does not foresee any material financial impact from this issue.