Schneider Electric Infrastructure Limited informed that the Company has received a show cause notice on May 28, 2024 in form DRC-01 from the Office of Assistant Commissioner State Tax, Begumpet-II Circle, 5th Floor, Parvani Prestige, R.S. Brothers Building, Ameerpet, Hyderabad, relating to the financial year 2019-20 in which quantification of Tax, Interest & Penalty is determined. The Company shall be representing the matter in the personal hearing before the authorities and intend to contest the matter at an appropriate forum. Nature and details of the action(s) taken, initiated or order(s) passed; Receipt of show cause notice u/s-73(1) of SGST/CGST Act, 2017 instructing the Company to pay the amount of tax as ascertained below along with amount of interest and penalty for the financial year 2019-20: Period: 2019-20, Act: CGST, Tax: INR 179,085, Interest: INR 32,235, Penalty: 17,908, Total: INR 229,228.

Period: 2019-20, Act: SGST, Tax: INR 179,085, Interest: INR 32,235, Penalty: 17,908, Total: INR 229,228. Total: Tax INR 358,170, Interest: INR 64,470, Penalty: INR 35,816 and Total INR 458,456. Details of violation(s)/contravention(s) committed or alleged to be committed; On account of alleged unreconciled turnover/tax for the financial year 2019-20.

Impact on financial operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible: There is no material impact on the financials, operations or other routine business activities. The impact will be limited to the extent of tax liability as and when ascertained.