Bharat Heavy Electricals Limited received an order in respect of demand on account of penalty from the office of the Assistant Commissioner of State Tax (Mobile Squad), Unnao, State/UT: Uttar Pradesh. The Company has received the Order in respect of demand on account of penalty amounting to INR 2,894,978 for discrepancy in the vehicle number as mentioned in the E-Way Bill vis-à-vis the actual vehicle carrying the goods. There is no material impact on the Financials and no impact on the operations or other activities of the company due to intimation of demand amount.

This order is currently appealable & we will make an assessment to exercise our right to appeal.