ICICI Lombard General Insurance Company Limited — Others, 03-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

ICICI Lombard has announced a board meeting to discuss the financial results for the quarter and half-year. The company received a GST demand of ₹1728.86 Cr plus a penalty related to the period July 2017 to March 2022. The Bombay High Court has set aside the order confirming this demand and directed a re-hearing based on GST Council decisions and circulars. Currently, there is no expected financial impact. This legal development provides clarity on a long-pending tax issue affecting the company.