The Company has received a show cause cum Demand Notice from Directorate General of GST Intelligence Mumbai Zonal Unit under Section 74(1) of the CGST Act, 2017 and the SGST Act, 2017 read with Section 20 of the IGST Act, 2017 for the Financial Year 2017-18 to 2019-20 (upto June, 2019) Pursuant to regulation 30 of the SEBI (LODR), we wish to inform you about the details of the Show Cause Notice received from GST department by the Company.