Britannia Industries Limited — Others, 01-05-2025: Action(s) taken or orders passed

Britannia has received a tax and penalty demand order of Rs. 25.41 Cr related to product classification and input tax credit for periods from July 2017 to March 2023. The company expects no material impact on its financials or operations and plans to challenge the order through legal channels. This matter is significant due to the amount involved but does not currently affect business performance or shareholder value.