M.R.F. Ltd. — Legal Proceedings Report 2024

Jan 31, 2024

Digitally signed by S S DHANVANTH DHANVANTH KUMAR KUMAR Date: 2024.01.31 15:15:23 +05'30'

|Sr.|No| |Detailsoftheeventthatneedstobe||Informationofsuchevents(s)||| |---|---|---|---|---|---| |||provided|||| |75||Nameoftheauthority|NationalGreenTribunal,Southern||| ||||Zone,Chennai||| |7%||Natureanddetailsoftheaction(s)|DirectiontotheCompanyto||pay| |||taken,initiatedororder(s)passed|environmentalcompensationof||Rs.| ||||12,60,000/-totheTamilNaduPollution||| ||||ControlBoard.||| |3.||Dateofreceiptofdirectionororder,|30.01.2024||| |||includinganyad-interimorinterim|||| |||orders,oranyothercommunication|||| |||fromtheauthority|||| |||Detailsoftheviolation(s)/|PursuanttoCMDA’sapproval,||MRF| |||contravention(s)committedoralleged|startedconstructionofawarehouse||| |||tobecommitted|buildinginTiruvottiyur,Chennai||in| ||||2017.CMDAsubsequentlyrevoked||the| ||||buildingpermission,onaccountof||non-| ||||receiptofclearance|under|| ||||Environmentallaw.Onreceiptof||this| ||||constructionwasdiscontinued.||MRF| ||||thereafterobtainedclearances|under|| ||||CRZRegulationsandreceivedCMDA’s||| ||||approvalonceagainandcompleted||the| ||||construction.NGThaslevied||an| ||||environmentalcompensationon||MRF| ||||forcarryingoutconstructionactivities||| ||||duringtheinterveningperiod.||| |||Impactonfinancial,operationorother|Rs.12,60,000/-.TheCompanyis|in|the| |||activitiesofthelistedentity,|processofdeliberatingtheorder||with| |||quantifiableinmonetarytermstothe|itsLegalAdvisorsforfurtheraction.||| |||extentpossible.||||