Pursuant to Regulation 30 read with Para A of Part A of Schedule III of Listing Regulations, Voltas Limited hereby informed that the Company has received Order from the Office of the Principal Commissioner of Central Tax, Hyderabad GST Commissionerate, Hyderabad confirming a demand of INR 1.429 Million plus interest thereon and penalty of INR 0.167 Million under Section 73 of the Central Goods and Services Tax Act, 2017 and Telangana Goods and Services Tax Act, 2017 for excess input tax credit availed in 2018-19. The Company is in the process of filing an appeal against the said Order. Name of the Authority is Additional Commissioner of Central Tax Hyderabad GST Commissionerate Hyderabad.

By an Order dated 27th March, 2024 passed under Section 73 of the Central Goods and Services Tax Act, 2017 and Telangana Goods and Services Tax Act, 2017 for financial year 2018-19, a demand has been raised towards tax of INR 1,429,112/- and interest thereon and imposed a penalty of INR 166,626/- for excess input tax credit availed. The Company is in the process of filing an appeal against the said Order.