Religare Enterprises Limited — Others, 04-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Care Health Insurance Limited (CHIL), a key subsidiary of Religare Enterprises, secured a Bombay High Court order directing the reassessment of a prior tax demand concerning GST liabilities from July 2017 to March 2022. The disputed issues involve GST on co-insurance premiums where the leader paid GST on behalf of the follower and on reinsurance commissions. Since CHIL’s financials consolidate with Religare, this development may impact the company's consolidated results. The reassessment offers a chance to potentially reduce or resolve the contested tax liabilities, which is important for shareholder value.