Bajaj Consumer Care Limited submit the disclosures regarding the Order passed by the Deputy Commissioner, State Goods and Service Circle, Patna dated 28 April 2024. The Company has received DRC 07 levying a tax of INR 90,619, interest of INR 24,61,857 and penalty of INR 60,000 under Section 73 of the State Goods and Services Act, 2017. The Order has been passed levying interest for availing GST credit.

There is no impact on the operations, financial or other activities of the Company due to the above penalty. The Company is in the process of preferring an Appeal at the higher Appellate level.