Pursuant to Regulation 30 and in accordance with Para A of Part A of Schedule III of the Listing Regulations read with circular dated July 13, 2023 issued by SEBI, and other applicable regulations, if any, L&T Finance Holdings has informed that the Company has received an order dated March 14, 2024 (‘the Order’) in the name of L&T Finance (which has been merged with the Company effective December 4, 2023), whereby the Assistant Commissioner of Central Tax, Office of the Assistant Commissioner of Central Tax, Ameerpet GST Division, Srinagar Colony, Hyderabad, Telangana - 500073, has imposed a monetary penalty of Rs 8,31,810 under Section 73 of the Central Goods and Services Tax Act, 2017. The Company is contesting the Order in appellate forum(s) and the Company does not reasonably expect the Order to have any material financial impact. A copy of the Order was received by the Company on March 14, 2024 at 04:54 pm (IST). The details of the Order are enclosed as Annexure - A.
The above information is a part of company’s filings submitted to BSE.