Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Tax Act 2017 and section 20 of the Integrated Goods and Services Tax Act,2017 involving tax (GST) amount of ₹ 3,83,47,078. along with interest of ₹ 2,87,60,309, on account of alleged non-payment of GST on outward supply and excess claim of wrong.

Litigation creates a contingent liability that is not in reported profit until it crystallises.

• Amount claimed against the company
• Whether a provision has been made
• Next hearing or order date