Bharti Hexacom Limited — Others, 05-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Bharti Hexacom Limited has announced a board meeting regarding a significant legal development. The High Court of Rajasthan dismissed an appeal by the tax department concerning a CENVAT credit case involving an amount of ₹49.21 Cr and a penalty of ₹5.39 Cr. The case arose from the department's issuance of six show cause notices for the period 2006-2013, which was previously overturned by CESTAT. The dismissal of the appeal is a positive outcome for the company, reducing potential financial strain and reinforcing its legal standing, potentially boosting investor sentiment.