TVS ELECTRONICS LIMITED: DISCLOSURE ON PENDING LITIGATION

• TVS Electronics Limited has filed a disclosure regarding material pending litigation as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. • The litigation involves a Show Cause Notice issued by the Deputy Commissioner, Karnataka GST Authority, for the tax period April 2022-March 2023. • The notice includes an additional tax demand on various grounds, with expected financial implications amounting to ₹7,82,42,083 (including interest and penalty). • The company is currently in the process of filing its reply to the Show Cause Notice. Impact: Neutral (Routine disclosure of ongoing litigation)

TVS Electronics Ltd

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