ETERNAL LIMITED — Important, 07-08-2025: General Updates

Eternal Limited faces a tax demand from Uttar Pradesh authorities of approximately INR 1.35 Cr (INR 67.25 lakh GST plus INR 67.25 lakh penalty, plus interest) for April 2021-March 2022. The demand concerns alleged short payment of output tax and excess input tax credit. The company asserts it has a strong case, intends to appeal, and expects no financial impact. This represents a minor operational challenge the company aims to resolve without affecting financials.