Nestlé India Limited received Order passed by the Assistant Commissioner of State Tax Ghatak 21 (Ahmedabad), Office of Assistant Commissioner of State Tax, Unit 21, 4th Floor, Bachat Bhavan, Relief Road, Ahmedabad- 380001. Order passed under Section 74 of the SGST/CGST/IGST Act, 2017; Date of receipt of direction or order: 6th November 2024; The Company received the Order for demand of: (i) Interest of INR 23,826 and (ii) imposing penalty amounting to INR 84,080. There is no material impact on financials, operations or other activities of the Company on account of the Order mentioned.

The Company will explore various options to challenge the mentioned Order.