Vindhya Telelinks Limited announced that the Company has received an Order dated April 18, 2024 passed by the Assistant Commissioner, CGST & CX, Patna Central Division, Patna confirming the demand for GST along with interest and penalty pertaining to Financial Year 2018-19. Nature and details of the order: Order confirming the demand for GST along with applicable interest and penalty pertaining to the fiscal year 2018-19, under the provisions of Central Goods and Services Tax Act, 2017/Bihar Goods and Services Tax Act, 2017 read with Integrated Goods and Services Act, 2017. GST - INR 1,967,103.

Interest on GST - INR 2,031,772. Demand of Interest - INR 54,020. Penalty - INR 196,710.

The total demand as per the said order is coming to INR 4,249,605/-. The financial impact cannot be determined at this stage as it is too early to ascertain the impact on the financial, operation, or other activities of the company considering the long process of finalization after the representation of the company with the Appellate Authority as per Law.