Dr. Reddy's Laboratories Limited informed that the Company has received an order from GST Authority towards tax demand including interest and penalty. Name of the authority; The Joint Commissioner of CGST, (Appeals), Indore, (M.P.). Nature and details of the action(s) taken initiated or order(s) passed; The Company has received appellate order confirming the tax demand including interest and penalty under Section 73 /50 /122 (2)(a) of the CGST Act, 2017.

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority; Order dated May 20, 2024 was received by the authorized officials of the Company on May 22, 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed; The appellate authority has rejected their appeal relating to availment of credit in GST return. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible; The above order levies a penalty of INR 2,24,032.

Based on their evaluation, there is no material impact on the financials, operations, or other activities of the Company.