Bajaj Consumer Care Limited announced that Order passed by the Assistant Commissioner, Central Goods and Service, Parwanoo dated 5 June 2024. Name of the Authority The Assistant Commissioner, Central Goods and Service, Parwanoo. Nature and details of the action(s) or order passed The Company has received an Order for demand of tax of INR 86,97,825 and penalty of INR 8,69,783 under Section 73 of the Central Goods and Services Act, 2017.

The Order has been passed on account of disallowance of GST credit of the previous Fiscal Year legitimately claimed during the Fiscal Year 2019-20. There is no impact on the operations, financial or other activities of the Company due to the above penalty. The Company is in the process of preferring an Appeal at the higher Appellate level.