Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the Company has received an order from the Office of State Tax Officer, Department of Goods and Service Tax, Maharashtra imposing penalty on the Company. The above-mentioned order is related to Input Tax credit availed as well as GST on Outward Supply pertaining to the Financial Year 2020-21. The details as required under SEBI Regulations read with SEBI Circular dated July 13, 2023, are enclosed herewith.