GTPL Hathway Limited — Important, 09-01-2025: General Updates

The Company has received a penalty order totaling ₹34.38 lakh under the Central Goods and Services Tax Act and Gujarat Goods and Services Tax Act, alleging non-payment of GST related to road restoration charges paid to the Ahmedabad Municipal Corporation for fiscal years 2017-21. While the order is contested as erroneous, the Company plans to file an appeal. Importantly, management has indicated that this order does not materially impact the company’s financials or operations. Investors should remain observant, as the outcome of the appeal process could influence sentiment surrounding the Company’s regulatory compliance.