HDFC Life Insurance Company Limited has received a GST Order from Sales Tax Officer Class II /AVATO, Ward 7 Zone 2, Delhi in the matter of erstwhile Exide Life Insurance Company Limited on April 21, 2024. Nature and details of the action(s) taken, initiated or order(s) passed: Nature GST Order. Period involved: April 1, 2018 to March 31, 2019.

Tax demand: INR 0.555 million. Interest: INR 0.635 million. Penalty: INR 0.555 million.

Details of the violation(s)/contravention(s) committed or alleged to be committed; Allegation: Excess availment of Input Tax Credit under Reverse Charge Mechanism. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: None. Remark: The said order is appealable before the Appellate Authority.

The Company will file its appeal within the specified period.