Huhtamaki India Limited announced imposition of Penalty/Fine on the Company by the Customs Dept. Name of the authority imposing the fine/penalty: Central Board of Indirect Taxes and Customs, Ministry of Finance. Nature and details of the action(s) taken, initiated or order(s) passed; Late Fee of INR 5,000/- was paid to the Department.

The delay was on account of Technical glitch on the Server of the Customs Department. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority; The late fee is paid in pursuance to Customs Notification (N.T.) No. 36/2018 dtd.

11th May 2018. Details of the violation(s)/contravention(s) committed or alleged to be committed; Delay in filing Bill of Entry within prescribed time limits for the reasons.