Escorts Kubota Limited — Others, 08-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Escorts Kubota Limited has received a partial refund of its Goods and Services Tax claim. Following a previous notice proposing rejection of a Rs. 7.48 Crore refund, the Assistant Commissioner has now sanctioned Rs. 3.70 Crore due to inverted duty structure, while rejecting the remaining amount. The company plans to file an appeal against this rejection. This development impacts the company's tax-related financial position, and the appeal indicates their intent to recover the full claimed amount.