Entertainment Network (India) Limited received order from levying a penalty of INR 0.327 million on the Company under section 73 of the Goods and Services Tax Act, 2017. Name of the authority: Assistant Commissioner, Taxpayer Services Circle, Pattom, Thiruvananthapuram, Kerala. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: Order dated April 17, 2024 was received through GST portal.

Details of the violation(s)/contravention(s) committed or alleged to be committed: The Order was passed alleging short payment of tax and wrongful claim of input tax credit for the period 2018-19. The Company intends to file an appeal against the Order. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The financial impact of the aforesaid order is to the extent of the penalty levied.

There is no material impact on the financials, operations or other activities of the Company.