Adani Power Limited submitted the disclosure regarding the Order passed by the Assistant Commissioner of State Tax, Rourkela - II, Sundergarh, Odisha. The Company has received the Order in Original for demand of tax under Section 73 of the CGST Act, 2017, wherein GST credit amounting to INR 1,136,092 has been disallowed and penalty amounting to INR 113,610 has been imposed. Date of receipt of communication from the authority is April 6, 2024.

Nature and details of the action(s): Intimation of tax ascertained as being payable under section 73 of the CGST Act,2017. There is no material impact on financial, no impact on operation or other activities of the Company due to the intimation of tax payable. These Orders are currently appealable & the company will make an assessment to exercise its right to appeal.