Alembic Pharmaceuticals Limited has received an Order from the Office of Deputy Commissioner (ST), Guwahati, Assam, under applicable provisions of the Assam Goods and Service Tax Act, 2017 for fiscal year 2018-19 and the Company intends to contest the matter with Commissioner Appeal. Nature and details of the action(s) taken, initiated or order(s) passed: The Company has received an Assessment Order from Deputy Commissioner of State Tax as mentioned below: Tax Demand: INR 1,000,545; Interest: INR 1,003,616; and Penalty: INR 100,054. Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority: Order(s) dated 26th April, 2024 received on 26th April, 2024 (Through E- Mail).

Details of the violation(s)/contravention(s) committed or alleged to be committed: Allegation for Excess Input tax credit utilized during FY-2018-19 compared to Input tax credit availed. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no material impact on the Company's financials or operations due to the said order. The Company will file necessary appeal with the Commissioner Appeal in this regard.