ICICI Lombard General Insurance Company Limited received an Order on April 21, 2024, from the Assistant Commissioner, Office of the Special Commissioner, Large Taxpayers' Unit, Kolkata-15, raising a GST demand of INR 533,659, interest of INR 384,389 and levying penalty of INR 58,970. Name of the authority: Assistant Commissioner, Office of the Special Commissioner, Large Taxpayers' Unit, Kolkata-15. Nature and details of the action(s) taken, or order(s) passed: Order received by the Company under Section 73 of the Central Goods and Services Tax Act, 2017 (?the Act?) /West Bengal GST Act, 2017 for the period April 2018 to March 2019.

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 21, 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed; Order has imposed demand on computation of input tax credit eligible to the Company. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible.

GST demand of INR 533,659, Interest of INR 384,389, Penalty of INR 58,970.