Hindalco Industries Limited announced to submit the disclosure regarding the Orders passed by the Office of the Principal Commissioner of Customs, Ahmedabad. Nature and details of the action(s) taken, initiated or order(s) passed: Orders-in-Original passed levying total fine and penalty of INR 300 million. Date of receipt: Order dated March 28, 2024, was received by the Company on April 10, 2024.

Details of the violation(s)/contravention(s) committed or alleged to be committed: Penalty imposed in relation to pre-import condition, which was applicable for limited period, on import against Advance Authorization. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The Management does not reasonably expect the said orders to have any material impact on the financials, operations or other activities of the Company. The Company prefers filing appeal against the matter, and have strong cases on merit and law.