Larsen & Toubro Limited announced receipt of order dated April 23, 2024 from Deputy Commissioner (SGST), State Special Circle -1, Kunchanpalli, Andhra Pradesh. Nature and details of the action taken, initiated or order passed: The order was passed under section 74 of the Telangana Goods and Services Tax Act, 2017 (SGST Act, 2017) disallowing input tax credit and levying penalty of INR 9,540,000 under section 122(1) of the SGST Act, 2017. Details of the violation/contravention committed or alleged to be committed: Input tax credit claimed by the Company disputed.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: Based on the prevailing law and Company's assessment, the Company expects a favourable outcome at the appellate level. There is no material impact of the same on financial, operations or other activities of the Company.