06-Oct-2026 17:41:27

TVS SRICHAKRA LIMITED : PENALTY OF RS 10.71 LAKH IMPOSED BY TAX AUTHORITY

• Company received an order on 5th October, 2026 from the Office of the State Tax Officer, Rudrapur, Uttarakhand. • The order relates to the detention of a vehicle transporting goods without a valid e-Way Bill. • The Department found that the goods were transported without a valid e-Way Bill at the time of interception. • A penalty of ₹10.71 lakh has been imposed by the Department. • The Company is evaluating appropriate legal remedies, including filing an appeal. • The Company does not expect any material impact on its operations arising from the said order. Impact: Neutral (Penalty imposed by tax authority; company evaluating legal remedies and expects no material operational impact.)

TVS Srichakra Ltd-$

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