UltraTech Cement Limited announced that the company has received orders from the following authorities: Joint Commissioner, CGST & Central Excise, Nagpur-I; Deputy Commissioner, Rajasthan; Deputy Commissioner, Jaipur, Rajasthan; Excise and Taxation Inspector, Bhatinda, Punjab. Name of the Authority: Joint Commissioner, CGST & Central Excise, Nagpur-I; Nature and details of the action(s) taken, initiated or order(s) passed by the authority: Demand for GST + Interest + Penalty; Date and Time of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 30 April 2024; Details of the violation(s)/contravention(s) committed or alleged to be committed: Demand for GST on Corporate Guarantee issued by the Company. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: GST (INR 54,900,000) + Interest + Penalty (INR 5,490,000).

Name of the Authority: Deputy Commissioner, Rajasthan; Nature and details of the action(s) taken, initiated or order(s) passed by the authority: Demand for GST + Interest + Penalty; Date and Time of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 30 April 2024; Details of the violation(s)/contravention(s) committed or alleged to be committed: Alleged Non Reversal of availed & utilised ITC on Seller who Filed GSTR-1 After Due Date; and Alleged Non Reversal of ITC in respect of supplier whose Registration is cancelled; Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: GST (INR 1,551,982) + Interest (INR 1,396,782) + Penalty (INR 172,572). Name of the Authority: Deputy Commissioner, Jaipur, Rajasthan; Nature and details of the action(s) taken, initiated or order(s) passed by the authority: Demand for GST + Interest + Penalty; Date and Time of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 30 April 2024; Details of the violation(s)/contravention(s) committed or alleged to be committed: Alleged non-reversal of common input tax credit in the case of securities and electricity exempt supply. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: GST (INR 5,491,075) + Interest (INR 4,941,968) + Penalty (INR 549,108).

Name of the Authority: Excise and Taxation Inspector, Bhatinda, Punjab; Nature and details of the action(s) taken, initiated or order(s) passed by the authority: Demand for GST + Interest + Penalty; Date and Time of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 30 April 2024; Details of the violation(s)/contravention(s) committed or alleged to be committed: Alleged incorrect availment of ineligible ITC on goods/services restricted under Section 17 of PGST/CGST Act, 2017. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: GST (INR 109,218) + Interest (INR 102,982) + Penalty (INR 20,000).