IRIS Business Services Limited informed that the Company has received an Cumulative Demand of INR 399,047/- as per Section 78 of GST Act, 2017 from the Office of the, Deputy Commissioner Of State Tax (E-004), Goods & Services Tax Office for the financial year(s) 01/04/2018 to 31/03/2019. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority: April 26, 2024 at 20:46 pm IST. Details of the violation(s)/contravention(s) committed or alleged to be committed: Differential tax demand.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The Management does not reasonably foresee any material impact on the financial, operation and other activities except to the extent of amount demanded above.