Apollo Tyres Limited received by the Company under Central Goods and Services Tax Act, 2017. Name of the authority: Sales Tax Officer, Delhi. Nature and details of the action(s) taken initiated or order(s) passed: Order passed under GST Act demanding GST and levying consequential penalty of INR 1.394 million.

Date of receipt of direction or order, including any ad-interim or interim order, or any other communication from the authority: April 30, 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed: Dispute regarding availment of ITC and other issues. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The Company will file appeal before Appellate Authority in due course.

There is no material impact of the same on financial, operations or other activities of the Company. Name of the authority: Assistant Commissioner of State Tax, Bihar. Nature and details of the action(s) taken, initiated or order(s) passed: Order passed under GST Act demanding GST and levying consequential penalty of INR 0.479 million.

Date of receipt of direction or order, including any ad-interim or interim order, or any other communication from the authority: April 30, 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed: Dispute regarding issue of Credit Notes and consequent reversal of ITC by recipient. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The Company will file appeal before Appellate Authority in due course.

There is no material impact of the same on financial, operations or other activities of the Company.