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

Trident Limited has received a Show Cause Notice from the Central Goods and Services Tax authority alleging tax dues of Rs. 51.87 crore plus applicable interest and penalty for the financial years 2018-19 to 2020-21. The notice cites discrepancies in input tax credit reconciliation and suppression of outward tax liability linked to E-way bills and GST returns. The company maintains that GST returns were correctly filed and audited previously, expects no material impact on financials or operations at this stage, and will submit a detailed response with supporting evidence to defend its tax position.