Uno Minda Limited has received a Demand Order from Office of the Deputy/Assistant Commissioner of Central Goods & Service Tax, Pune-lV Division (Chakan). The Company has received a Demand Order from Office of the Deputy/Assistant Commissioner of Central Goods & Service Tax, Pune-lV Division (Chakan), regarding wrong availment of ITC. As per the order, following As per the order, following amount shall be payable by the Company: Input Tax Credit: INR 5,987,819, and penalty amounting to INR 598,782.

Interest as per the applicable Goods and Services Tax Law., Date of receipt of direction or, Order received by the Company on May 8, 2024, order, including any ad-interim, around 12:20 P.M. (1ST).