Salora International Ltd — Important, 21-03-2026: Company Update

Salora International Limited has received a communication from the GST Department regarding the provisional attachment of its bank accounts with Kotak Mahindra Bank and Canara Bank. The company clarified that this is an interim, provisional measure and does not represent a final tax liability. These proceedings are at a preliminary stage, and no conclusive liability should be inferred. Salora International is actively pursuing legal remedies, including filing necessary objections and appeals, to challenge this order and is fully cooperating with the authorities.