Bharti Airtel Limited announced that Pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of SEBI Listing Regulations, the company submitted the details of the Order received by the Company under the Central Goods and Services Tax Act, 2017. The Company does not agree with the Order and will take appropriate action(s) for rectificational /reversal of the same. Name of the authority is Office of the Commissioner (Appeals), Goods and Services Tax, Central Excise and Customs, Guwahati.

Nature and details of the action(s) taken, initiated or order(s) passed: Order passed u/s 73 of Central Goods and Services Tax Act, 2017 levying penalty of INR 4,438,768. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 04, 2024 at IST 1600 Hrs. Details of the violation(s)/contravention(s) committed or alleged to be committed: Alleged irregular input tax credit transitioning during the financial year 2017-2018.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The maximum financial impact is to the extent of the penalty levied. The Company does not agree with the Order and will take appropriate action(s) for rectification /reversal of the same.