TATA TELESERVICES (MAHARASHTRA) LIMITED : UPDATE ON MATERIAL LITIGATION

• The company received an order on June 23, 2026, from the office of The Commissioner, CGST & Central Excise Commissionerate, Belapur. • The order, passed under Section 73 of the Finance Act, 1994, reduced the penalty from ₹36.14 Cr to ₹7.57 Cr, along with tax and interest. • This pertains to alleged irregular or ineligible availment of Cenvat Credit during FY 2009-10 to 2011-12. • TATA TELESERVICES (MAHARASHTRA) LIMITED disagrees with the order and will take appropriate action. • The maximum financial impact is the extent of tax, interest, and penalty levied.

Tata Teleservices (Maharashtra) Ltd

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