Gujarat Ambuja Exports Limited informed that the Company have received a GST demand order passed by the Additional Commissioner, CGST & Central Excise, Ujjain Commissionerate, Madhya Pradesh on 29th November, 2024. Name(s) of the Authority: Additional Commissioner, CGST & Central Excise, Ujjain Commissionerate, Madhya Pradesh. Nature and details of the action(s) taken, initiated or order(s) passed: Order under Section 74 of Central Goods and Service Tax Act ("CGST Act, 2017") for Tax liability amounting to INR 8,168,422/-and a penalty of INR 8,168,422 with applicable interest under section 50(3) of CGST Act, 2017.

Details of the violation(s) /contravention(s) committed or alleged to be committed: The demand is raised in relation to the purchase of Raw material from vendor who is found as non-existing as per GST department.