SML Isuzu Limited receives penalty of INR 1.156 million on the Company. Name of the Authority Income Tax Department (Assessment Unit) An order has been issued by Income Tax Department for AY 2016-17 and imposed a penalty. Company will file appeal against this order.

Nature and details of the action(s) taken, initiated or order(s) passed: Order under section 271(1)(c) of the Income Tax Act, 1961 dated 28.02.2024.