DLF Limited — Others, 01-03-2025: Action(s) taken or orders passed

DLF Limited disclosed that its subsidiary, DLF Cyber City Developers Limited, received an order from the Deputy Commissioner of State Tax in Gurugram, imposing a GST penalty of ₹1.06 crore. The company disputes this order, specifically regarding the denial of Input Tax Credit on certain construction-related expenses. However, management indicated that this order will not have a material impact on the company's financial or operational performance. This development may create uncertainty for investors, but the company's stance suggests a proactive approach to potential liabilities.