ABB India has informed that the Company has received two orders from Deputy Commissioner of Commercial Taxes, Bengaluru imposing a penalty under Section 73(9) of KGST/CGST Tax Act, 2017 amounting to Rs. 23,716 (Rupees Twenty Two Thousand Seven Hundred Sixteen Only) and Rs. 20,000 (Rupees Twenty Thousand only) respectively in relation to tax short paid or liability short-assessed. Orders dated April 30, 2024 has been received by the Company on April 30, 2024. The details of the above order, as required under Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed as Annexure I.
The above information is a part of company’s filings submitted to BSE.