Nuvoco Vistas Corporation Limited — Others, 01-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Nuvoco Vistas Corp Ltd’s wholly owned subsidiary, NU Vista Limited, has received a duplicate show cause notice from the Joint Commissioner of State Tax, Raipur Division, challenging the company's input tax credit claim for FY 2018-19. The notice demands tax of Rs. 7.26 Cr, interest of Rs. 6.49 Cr, and penalty of Rs. 1.81 Cr on the same issue currently under appeal. NU Vista plans to contest the notice with supporting documents and expects no significant financial impact. This highlights ongoing tax scrutiny but poses limited risk to shareholders.