Nelco Limited announced an update/change in the status of the litigation or dispute relating to Service Tax which was reported to the exchange vide its letter dated 14 August 2023. The occurrence of event (date of receipt of order) was 18 June 2024 at about 11.00 a.m.: Name(s) of the opposing party: Service tax; Court/tribunal/agency where litigation is filed: Commissioner CGST; brief details of dispute/litigation: Company has received adjudicating order with aggregate demand of INR 81.4 million towards service tax liability based on reverse charge mechanism for period from 1 April 2016 to 30 June 2017. Against this demand Company is in process to file appeal before appellate authority.