5paisa Capital Limited announced on December 17, 2025, that it has received an order dated December 16, 2025, from the Assistant Commissioner of Central Tax, Bengaluru. The order pertains to alleged excess and ineligible Input Tax Credit (ITC) for the period of April 2018 to March 2019. The demand raised in the order amounts to ₹52,10,113, including applicable interest and penalties. The alleged contravention involves excess and ineligible availment of Input Tax Credit, including mismatches between returns and ITC claimed on certain expenses treated as blocked credits under the CGST Act, 2017. The company, based on legal advice, intends to file an appeal against this order within the prescribed statutory timelines. 5paisa Capital Limited maintains complete records and supporting documentation for all its transactions and is confident in substantiating its position. The company believes it will receive relief from the authorities and does not foresee any material impact on its financial, operational, or other activities at this stage.