Indus Towers Limited announced it will challenge the order at the GST tribunal when constituted and there is no material impact of the same on financials, operations or other activities of the Company. Name of the authority Additional: Commissioner of State Tax (Appeal) (Patna). Nature and details of the action(s) taken, initiated or order(s) passed: Order passed by Additional Commissioner of State Tax (Patna) levying penalty of INR 395,726.

Details of the violation(s)/contravention(s) committed or alleged to be committed: Penalty levied due to alleged mismatch in turnover in GSTR- 9C.