Maruti Suzuki India Limited received a Show Cause Notice from Karnataka GST Authority. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority is May 16, 2024. Details of the violation(s)/contravention(s) committed or alleged to be committed: Show Cause Notice has been issued by Karnataka GST Department for the fiscal year 2019-2020 with respect to the reconciliation of tax returns of the company.

The total demand amount mentioned in Show Cause Notice is INR 4.93 million. Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: The company will be filing reply to the Show Cause Notice before the Adjudicating Authority. There is no impact on financial, operation or other activities of the company due to this Show Cause Notice.