NTPC Limited — Important, 29-01-2025: General Updates

The Corporation has received an order from the Superintendent (Adjudication), CGST, Central Excise in Faizabad, UP, regarding unpaid Service Tax on water charges for the financial years 2016-17 and 2017-18. The order includes a demand for tax, interest, and penalty totaling ₹58,07,180. The Corporation intends to appeal this order to the first appellate authority within the stipulated timeline. Importantly, the Company has indicated that this order will not materially impact its financials, operations, or other activities, signaling stability in its current operational framework. Investors should remain observant as the appeal process unfolds, but the lack of immediate impact suggests a neutral outlook in the near term.