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NSE · Source: SEBI
| Party | Matter | Amount | Status | Pages |
|---|---|---|---|---|
| Glass Wall Systems (India) Limited | Direct tax claim; 1 case | ₹2.01 million | Pending as of the DRHP date | 476 |
| Glass Wall Systems (India) Limited | Indirect tax claims; 6 cases | ₹32.78 million | Pending as of the DRHP date | 476 |
| Yes Systems Private Limited | Direct tax claim; 1 case | ₹1.96 million | Pending as of the DRHP date | 476, 477 |
| Glass Wall Systems (India) Limited | Maharashtra VAT and CST demand appealed before the Maharashtra Sales Tax Tribunal | ₹312.13 million | The Tribunal by order dated July 9, 2025 quashed the demand and directed recomputation; the Company was awaiting further communication as of the DRHP date. | 32 |
| Glass Wall Systems (India) Limited | GST demand for Fiscal 2019-20 under appeal before Joint Commissioner of State Tax Appeals, Uttar Pradesh | ₹1.00 million | Appeal pending as of the DRHP date; the prospectus states management, based on legal advice, believes the order is likely to be set aside or the demand reduced. | 33 |
| Item | Amount | Pages |
|---|---|---|
| Maharashtra Value Added Tax demand for years where assessments were not concluded | ₹312.13 million | 32, 376, 378 |
| Other VAT and Central Sales Tax matters | ₹19.93 million | 32, 375 |
| Income tax matter | ₹2.01 million | 32, 375, 476 |
| GST matter | ₹1.00 million | 33, 375 |