Escorts Kubota Limited — Others, 07-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Escorts Kubota Limited has announced a board meeting to discuss the recent decision from the Income Tax Appellate Tribunal, which dismissed an appeal from the Income Tax Department regarding the assessment year 2006-07. This ruling reduces the company's tax liabilities by INR 7.05 crore, presenting a positive impact on its financial health. Additionally, the tribunal partially allowed the company's appeal, impacting taxes by INR 0.02 crore while increasing implications by INR 2.25 crore and referring another matter with a tax effect of INR 19.36 crore for further review. Investors may view this as a mixed outcome with a potential positive outlook on financials amidst ongoing litigation complexities.