Godfrey Phillips India Limited announced the Order received at the Company's office on 29 April 2024 (at 05:20 P.M.) under the Central Goods and Services Tax Act, 2017. Name of the authority: Office of the Commissioner, Central GST (Appeals), Delhi. Nature and details of the action(s) taken, initiated or order(s) passed: Order passed confirming demand of interest (amount to be ascertained) and penalty of INR 5,107,521 under the Central Goods and Services Tax Act, 2017 (CGST).

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: 29 April 2024. Details of the violation(s) /contravention(s) committed or alleged to be committed: Alleged irregular availment and utilization of Input Tax Credit (ITC) of CGST. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The Order has no material impact on the financials, operations or other activities of the Company.

The Company is evaluating all options including filing an appeal before the Tribunal against this Order.