Aditya Birla Fashion and Retail Limited announced that it has received orders pertaining to GST from the following authorities: Joint Commissioner, Corporate Circle, Kanpur, Uttar Pradesh; Excise & Taxation Officer, Gurgaon - East, Haryana; Assistant Commissioner of Central Tax, Jharkhand; Office of Superintendent of Central Tax, Telangana; Office of Deputy Commissioner of State Tax, Maharashtra and Joint Commissioner of Central Tax, Hyderabad, Telangana. The Company has received the intimation for above orders on May 1, 2024. Name(s) of the Authority: Excise & Taxation officer Gurugram East, Ward-11, Haryana.

Nature and details of the action(s) taken, initiated or order(s) passed: Order in Form DRC-07 dated April 30, 2024, imposing demand as under: Tax is INR 354,162,153. Interest is INR 342,289,132. Penalty is INR 35,486,413.

Total Demand is INR 731,937,698. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 30, 2024. Details of the violation(s) /contravention(s) committed or alleged to be committed: Demand order raised on the Company pursuant to conclusion of the audit proceedings, whereby the dispute relates to the following: Claim of input tax credit on the grounds of vendor default in non-filing of returns/cancellation of registrations/incorrect filing/delay filing Outward liability on account of difference between Monthly Return (GSTR-1) and Annual Return (GSTR- 9).

Availment of ineligible input tax credit. Interest on reversal of input tax credit. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no impact on financials, operations or other activities of the Company except to the extent of payment of INR 731,937,698.

The Company believes that the said demand is not tenable. The Company is the process of evaluating suitable course of action against the said order. Name(s) of the Authority: Assistant Commissioner of Central Tax Ranchi Commissionerate, Jharkhand.

Nature and details of the action(s) taken, initiated or order(s) passed: Order in Form DRC- 07 dated April 30, 2024, imposing demand as under: Tax is INR 4,845,818. Interest is INR Not Quantified in the order. Penalty is INR 484,582.

Total Demand is INR 5,330,400. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 30, 2024. Details of the violation(s) /contravention(s) committed or alleged to be committed: Demand order raised on the Company pursuant to conclusion of the scrutiny proceedings, whereby the dispute relates to the claim of input tax credit on the grounds of vendor default in non-filing of returns.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no impact on financials, operations or other activities of the Company except to the extent of payment of INR is 5,330,400. The Company believes that the said demand is not tenable as per the law. The Company intends to file suitable appeal against the said order before The Appellate Authority.

Name(s) of the Authority: Deputy Commissioner of State Tax MUM-LTU-533, Mumbai, Maharashtra. Nature and details of the action(s) taken, initiated or order(s) passed: Order in Form DRC-07 dated April 30, 2024, imposing demand as under: Tax is INR 75,927,241. Interest is INR 81,327,436.

Penalty is INR 7,592,723. Total Demand is INR 164,847,400. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 30, 2024.

Details of the violation(s) /contravention(s) committed or alleged to be committed: Demand order raised on the Company pursuant to conclusion of the audit proceedings, whereby the dispute relates to the following: Claim of input tax credit on the grounds of vendor default in non- filing of returns/cancellation of registrations/incorrect filing/delay filing Payment of outward liability on account of difference between GSTR-1 return and GSTR-3B return Availment of ineligible input tax credit. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no impact on financials, operations or other activities of the Company except to the extent of payment of INR 164,847,400. The Company believes that the said demand is not tenable as per the law.

The Company intends to file suitable appeal against the said order before The Appellate Authority. Name(s) of the Authority: Office of Superintendent of Central Tax, Kothapet GST Range, Saroornagar, Hyderabad, Telangana. Nature and details of the action(s) taken, initiated or order(s) passed: Order in Form DRC-07 dated April 27, 2024, imposing demand as under (This order is yet to upload on the GSTIN portal): Tax is INR 2,211,291.

Interest Not Quantified in the order. Penalty is INR 309,647. Total Demand is INR 2,520,938.

Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 30, 2024. Details of the violation(s) /contravention(s) committed or alleged to be committed: Demand order raised on the Company pursuant to conclusion of the scrutiny proceedings, whereby the dispute relates to payment of outward liability difference between GSTR-1 return and GSTR-3B return. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no impact on financials, operations or other activities of the Company except to the extent of payment of INR 2,520,938.

The Company believes that the said demand is not tenable as per the law. The Company intends to file suitable appeal against the said order before The Appellate Authority.