Disa India Ltd — Important, 05-01-2026: Company Update

DISA India has received an order from tax authorities directing payment of Rs. 1.21 crore in tax and a matching penalty of Rs. 1.21 crore, plus unquantified interest. This pertains to alleged excess input tax credit availment where credits weren't reflected in the receiver's online tax portal. The company maintains it duly paid the GST and correctly claimed input credit. DISA plans to appeal this order, anticipating no financial impact as it expects its claim to be upheld by higher authorities.