Honeywell Automation India Limited announced the Order received from Department of Commercial taxes, Vijayawada, Andhra Pradesh. Nature and details of the action: Order received from the GST Authority on demand for the Financial Year 2017-18 to 2019-20 and 2021-22 along with interest and penalty. Date of receipt of communication from the Authority: April 10, 2024.

Details of the violation/contravention committed or alleged to be committed: The Company has received the Order-In-Original from the Authority wherein GST amounting to INR 878,369 has been demanded for the Financial Year 2017-18 along with interest of INR 800,436 and penalty of INR 439,187. There is no material impact on the financials, no impact on operations and/or other activities of the Company due to the Order. This Order is currently appealable, and the appeal would be filed before the due date.