Schneider Electric Infrastructure Limited — Others, 27-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Schneider Electric Infrastructure Limited has received an Assessment Order from the Income Tax Department for the assessment year 2017-18, demanding an additional tax amount of INR 18.53 crore and initiating penalty proceedings. The High Court of Gujarat has permitted the proceedings to continue but has mandated that no final assessment order shall be issued without its permission pending the case. The company will evaluate appropriate legal remedies if needed.

Given this situation, there may be increased uncertainty regarding the company's financial health and operations, which could influence investor sentiment negatively. However, the proactive legal assessment indicates a strategy to manage potential risks effectively.