Maruti Suzuki India Limited received a Final Assessment Order for the financial year 2019-20 from Income Tax authority. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 25 July,2024. In continuation to the stock exchange intimation done on 03.10.2023 (Reference no: MSIL: COS: NSE&BSE: 2023110-03), the Company has received final Assessment Order having a total demand (including interest) of INR 7,792 million.

Also, the Company has received a Show Cause Notice for initiation of penalty proceedings with respect to this Order. The Company will be filing aPPeal before the Income Tax Appellate Tribunal.