KEC International Limited has received an Order from VAT Authority, Telangana on April 15, 2024, at 11:30 a.m. Name of the authority: VAT Authority, Telangana; Nature and details: Penalty order passed by VAT Authority for Fiscal Year 2013-14 to 2015-16; Details of the violation(s)/contravention(s) committed or alleged to be committed: Penalty order passed by the VAT Authority for delay in payment of Tax in financial Year 2013-14 to 2015-16, Penalty - INR 35,77,814; 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 to contest the demand. The Company does not foresee any material financial impact on account of the Order.