ABB India Limited — Others, 18-08-2025: Action(s) initiated or orders passed

ABB India has received an order from the Principal Commissioner of Customs, Bengaluru, imposing a redemption fine of 3 Cr and a penalty of approximately 2.70 Cr. This order stems from an alleged wrong availment of customs benefits. The company intends to appeal this order and is optimistic about a favorable outcome at the appellate level. Management believes this ruling will not have a material impact on the company's operations or financials. Shareholders should note this development as the company takes steps to address this potential financial liability.