DCB Bank Limited Announces A Penalty of INR 40,000/- Has Been Imposed on the Bank by Assistant Commissioner of State Tax ­ Bihar State

DCB Bank Limited announced that a penalty of INR 40,000/- has been imposed on the Bank by Assistant Commissioner of State Tax ­ Bihar state for the matters mentioned in the below table. The Bank will explore filing of appeal against the order. Name of the authority Assistant Commissioner of State Tax ­ Bihar, Order passed u/s 73 of the CGST Act 2017.

Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible INR 1,14,149/- (includes tax, interest and penalty).