Voltas Limited — Others, 02-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Voltas has announced a Show Cause Notice alleging short payment of GST amounting to Rs. 265.25 Cr related to Universal Comfort Products Limited, which merged with Voltas during 2020-21. The notice covers financial years 2018-19 to 2020-21. The company is reviewing the matter and will respond within the stipulated timeframe. This GST demand, if upheld, could impact the company’s cash flow and financials, highlighting a significant tax compliance risk for shareholders to monitor.