Aditya Birla Fashion and Retail Limited announced that it has received orders pertaining to GST from the following authorities: Joint Commissioner, Corporate Circle, Kanpur, Uttar Pradesh; Excise & Taxation Officer, Gurgaon - East, Haryana; Assistant Commissioner of Central Tax, Jharkhand; Office of Superintendent of Central Tax, Telangana; Office of Deputy Commissioner of State Tax, Maharashtra and Joint Commissioner of Central Tax, Hyderabad, Telangana. The Company has received the intimation for above orders on May 1, 2024. Name(s) of the Authority: Joint Commissioner of Central Tax Rangareddy GST commissionerate, Hyderabad, Telangana.

Nature and details of the action(s) taken, initiated or order(s) passed: Order in Form DRC- 07 dated April 29, 2024, imposing demand as under: Tax is INR 22,534,022. Interest Not Quantified in the Order. Penalty is INR Not Quantified in the Order.

Total Demand is INR 22,534,022. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 30, 2024. Details of the violation(s) /contravention(s) committed or alleged to be committed: Demand order raised on the Company pursuant to conclusion of the scrutiny proceedings, whereby the dispute relates to the claim of input tax credit on the grounds of vendor default in non- uploading of ABFRL invoices in respective GST return.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no impact on financials, operations or other activities of the Company except to the extent of payment of INR 22,534,022. The Company believes that the said demand is not tenable as per the law. The Company intends to file suitable appeal against the said order before The Appellate Authority.

Name(s) of the Authority: Joint Commissioner of State Tax Corporate Circle, Kanpur, Uttar Pradesh. Nature and details of the action(s) taken, initiated or order(s) passed: Order in Form DRC-07 dated April 30, 2024, imposing demand as under: Tax is INR 47,682,508. Interest is INR 47,438,088.

Penalty is INR 4,768,714. Total Demand is INR 99,889,310. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 30, 2024.

Details of the violation(s) /contravention(s) committed or alleged to be committed: Demand order raised on the Company pursuant to conclusion of the audit proceedings, whereby the dispute relates to the following: Claim of input tax credit on the grounds of vendor default in non-filing of returns Outward liability on account of difference between Monthly Return (GSTR-1) and Annual Return (GSTR-9). Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no impact on financials, operations or other activities of the Company except to the extent of payment of INR 99,889,310. The Company believes that the said demand is not tenable as per the law.

The Company intends to file suitable appeal against the said order before The Appellate Authority.