Further to the letter dated August 14, 2023 informing the details of pending litigation(s) in accordance with SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, Macrotech Developers has informed that the Hon’ble Bombay High Court has passed its final order relating to litigation on quantum of stamp duty payable in relation to one of its projects at Wadala. In terms of the said order, the stamp duty has been assessed by the revenue authorities at ?1,181 million, which the Company had already deposited earlier. Thereby this litigation stands concluded.
The above information is a part of company’s filings submitted to BSE.
