Crompton Greaves Consumer Electricals Limited received an order from the office of the Assistant Commissioner of State Tax Bhubaneswar II, Odisha for the period April 2018 to March 2019 imposing demand of INR 3,477,483 (Tax INR 1,724,484, Interest INR 1,580,551 and penalty of INR 172,448) under Goods and Service Tax Act, 2017. Name of the authority: Nature and details of the action(s) taken initiated, or order(s) passed: Demand raised under section 73 of the OGST Act' 2017. Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority: 25th April, 2024.

Impact on financial, operation or other activities of the company, quantifiable in monetary terms to the extent possible: There is no material impact on the financials, operations, or other activities of the Company. Potential impact of INR 3,477,483.