TVS ELECTRONICS : DISCLOSURE OF MATERIAL PENDING LITIGATION

• The company is involved in litigation with the Employees' Provident Fund Organisation (EPFO) concerning the interpretation of 'Basic Wages' for PF contribution for the assessment period April 2014 to June 2015. • A differential PF contribution amount was paid in 2020, and damages were reduced from ₹23.24 Lakhs to ₹12.78 Lakhs, with ₹6.00 Lakhs deposited. • TVS Electronics has filed a Writ Petition before the Madras High Court seeking further relief against the awarded damages. Impact: Neutral (Disclosure of ongoing litigation as per SEBI regulations)

TVS Electronics Ltd

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