RPG Life Sciences Limited announced that the Company has received an order from GST Authority, Jaipur, Rajasthan. Name of the Authority: The Joint Commissioner, Jaipur, Rajasthan. Nature and details of the action(s) taken, initiated or order(s) passed: Order under Sections 9, 50 and 73 of Rajasthan Goods and Service Tax Act, 2017 (RGST Act, 2017) and Central Goods and Service Tax Act, 2017 (CGCT Act 2017).

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: March 31, 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed: Excess availment of ITC in comparison to ITC available on GST portal. Tax ?

INR 266,008.00; Interest- INR 263,351.00; Penalty ? INR 26,601.00; Total ? INR 555,960.00.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The Company is perusing the Order and will seek appropriate legal remedy in order to contest the demand. The Company does not foresee any material financial impact on account of the Order.