-0.60 (-0.20%) Pursuant to Regulation 30 and in accordance with Para A of Part A of Schedule III of the Listing Regulations read with master circular dated November 11, 2024, and other applicable regulations, if any, L&T Finance has informed that the Company has received an order dated January 17, 2025 (‘the Order’) in the name of the company (which has been merged with the Company effective December 4, 2023) whereby the Deputy Commissioner of State Tax, Mulund West 505, Mumbai North East, Maharashtra, has imposed a monetary penalty of Rs. 87,35,613 under Section 73 of the Central Goods and Service Tax Act, 2017. The Company is contesting the Order in higher appellate forums and the Company does not reasonably expect the Order to have any material financial impact. A copy of the Order was received by the Company on January 17, 2025 at around 04:24 pm (IST). The details of the Order are enclosed as Annexure - A.
The above information is a part of company’s filings submitted to BSE.