Details of Regulatory Action

Authority Involved: Assistant Commissioner of State Tax, Maharashtra

Nature of Action: Inspection and Search under Section 67 of Maharashtra Goods & Service Tax Act, 2017

Date and Time of Initiation: October 22, 2026, at 12:10 p.m. (IST)

Scope of Proceedings: The proceedings involve the examination of records and documents related to payment of GST and claim of input tax credit.

Company Response and Cooperation

The Company is extending its co-operation with the officials and providing necessary information and documents as required.

Financial and Operational Impact Assessment

As on the date of this disclosure (October 22, 2026), the proceedings have not resulted in any disruption to the Company's operations. Based on the information currently available, no material financial or operational impact has been identified. The impact has not been quantified in monetary terms in this disclosure.

Forward Looking Statement

The Company will make further disclosures, as may be required under the applicable regulatory provisions, upon any material development in the matter.